A motor vehicle dealer had a settlement with Revenue of €11.7 million recorded in the latest list of tax defaulters.
James Joseph Daly, a motor vehicle dealer trading as Any Gear with an address in Cloghan, Co Offaly, was the subject of a Revenue investigation for the non-declaration of income tax and VAT.
He was ordered to pay €4.75 million in taxes, €2.5 million in interest and €4.75 million in penalties. Revenue said the entire settlement amount remained unpaid as of March 31st.
The case is one of 30 published on Tuesday where €21.37 million in total settlements have been made by Revenue.
The second-largest case was a precision metal component manufacturer, Oshima Ireland Ltd of Woodford Business Park, Santry, Dublin 9, which was the subject of a Revenue audit for the under-declaration of corporation tax, PAYE/PRSI/USC and VAT.
It was ordered to pay €2.5 million in taxes, €737,000 in interest and €745,000 in penalties. As of March 31st, none of the settlement remained unpaid.
Co Waterford second-hand car dealer Kevin Shields, from Clash, Ballinacourty reached a settlement of €110,206 euro for the non-declaration of Income Tax and under-declaration of VAT. The figure includes tax, interest and penalties.
The cases cover settlements between January 1st this year up until the end of March. According to Revenue, up to €13.8 million remains unpaid as of the end of March. It said in some cases, collection or recovery of the full unpaid amount will not be possible due to company liquidations and other reasons.
Of the 30 cases, 16 cases were for amounts exceeding €100,000, five cases for more than €500,000 and three cases exceeding €1 million.
