Revenue steps up new offshore cash crackdown

Since last May, defaulters face penalties of up to 100pc of the tax evaded, publication in the Quarterly List of Tax Defaulters and, potentially, criminal prosecution.

In November 2017, Revenue confirmed that a new inquiry is under way to identify and pursue taxpayers engaged in offshore tax evasion and avoidance.

FULL ARTICLE https://www.independent.ie/business/world/revenue-steps-up-new-offshore-cash-crackdown-36564346.html

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