Revenue Commissioners Ready To Pounce by Jason Gorringe, Tax-News.com, London 15 November 2002 According to reports in the Irish media this week, the Revenue Commissioners are poised to pounce on a number of super-wealthy tax evaders whose activities were uncovered during the Ansbacher investigation, but who did not take part in that scheme. Reporting on Thursday, the Irish Independent revealed that the tax authority has already received average payments of 725,000 euros from nine individuals in order 'to stop the interest clocks ticking after their scams involving offshore funds and deposits were uncovered by Revenue as part of the Ansbacher trawl'. Given the fact that the average payment on account for those involved in the Ansbacher scheme was 282,000 euros, it seems likely that the amount of tax evaded by the nine individuals in question is substantially higher. .

IMPORTANT NOTICE: THE LOWTAX NETWORK has taken reasonable care in sourcing and presenting the information contained on this site, but accepts no responsibility for any financial or other loss or damage that may result from its use. In particular, users of the site are advised to take appropriate professional advice before committing themselves to involvement in offshore jurisdictions, offshore trusts or offshore investments. All materials on this site copyright THE LOWTAX NETWORK 1999 to 2009. Contact us for further information.