Updated: 09/12/16 : 06:25:57Printable Version
The latest list of tax defaulters shows that a Sligo hotelier has made a €466,000 settlement to the Revenue Commissioners.Dermot Fallon, the owner of the popular Castle Dargan hotel and estate in Ballygawley, made a the settlement which was related to the underdeclaration of income tax and VAT on foot of an offshore assets investigation.
He was one of a large number of tax defaulters named by the Revenue Commissioners in its latest swoop, which netted the Exchequer almost €13m.
Mr Fallon was found to owe €131,073 in tax. He was also forced to pay €223,865 in interest and €111,011 in penalties.
Elsewhere in Sligo other business people were forced to pay €1,250 each or failure to lodge Income Tax returns.
These included physiotherapist Ita Byrne, restaurant owner Patrick Grimes, jeweller Henry Gilbert, plumber Seamus Currid and groundworks director Joseph Keane.Counterfeit Alcohol
For possession counterfeit alcohol at Lawrences, Ballinamore, Co Leitrim, Osman Joseph Costello was forced to pay €2,500 and received a two-day closure order..
The single biggest settlement made between July and September was for €896,000. That was made by an Armagh-based company called O'Keefe Developments, which is now in liquidation. It was for the underdeclaration of VAT.
The latest haul by the Revenue Commissioners included 64 settlements, with eight of those exceeding €500,000 each.
Three of the settlements related to the Revenue's investigation of offshore assets and funds.
See latest tax defaulters list HERE