The Revenue Commissioners yielded over €114 million in tax, interest and penalties from its audit and investigation programmes in the first three months of 2010.
The Government publication Iris Oifigiúil today published the names of 88 tax defaulters who have made total settlements of over €16 million.
Among the published cases were 34 settlement for amounts exceeding €100,000; of which seven exceeded €500,000. Four of that seven exceeded €1 million.
These included Murray's Car Rentals in Baggot Street Bridge, Dublin 4, which made a settlement of over €1.56 million in relation to underdeclaration of VAT.
Businessman Oliver Scott of Castleknock, Dublin, made a settlement of almost €1.8 million for underdeclartion of VAT.
Wexford-based restaurateur JOhn Fortune made a settlement of over €1.3 million for underdeclaration of corporation tax, PAYE/PRSI and VAT.
Businessman Tadhg Feeney of Thomastown, Co Kilkenny made a settlement of €1.128 million for underdeclaration of income tax and VAT. Feeney was jailed in May 2009 for failing to pay tax on almost €1 million lodged to a string of bogus non-residents accounts.
Thirteen of the 88 settlements published today relate to Revenue investigations into offshore funds.
Two settlements totalling €680,000 relate to Revenue investigation into offshore funds and 17 settlements totalling €1.98 million relate to its investigation into the use of single premium insurance products to shelter undeclared income.
