Tax defaulters: Dublin builder hit with €7m bill
Dublin builder Michael Murphy was stung with a €7m bill by the Revenue Commissioners in its latest haul from defaulters.
The Revenue's latest tax snare netted a total of €24.7m from doctors, sales people, publicans and even a private investigator.
Mr Murphy of Highfield Road in Rathgar, is a director of Astondale Investments, which is in liquidation.
He was well known in property circles, especially in the last decade. He was forced to cough up as a result of an offshore assets investigation case, as well as for an underdeclaration of income tax, VAT and capital gains tax. His bill included €2.38m in tax, €2.8m in interest, and €1.79m in penalties.
And two prison officers were also revealed by the Revenue to have received suspended sentences for claiming income tax relief to which they were not entitled. Joseph Kenny and Jennifer Malone, both of the same address at Mountrath in Co Laois, did not receive any financial penalties.
Other defaulters included private investigator Clíona Woods of Milltown Road in Dublin 6.
She paid a total of €215,000, including €98,000 in tax, €44,000 in interest, and €73,000 in penalties. That was as a result of an underdeclaration of income tax and VAT.
There were two more settlements with the Revenue for in excess of €1m.
One was for just over €1m, made by company director James Spollen of Clara Road, Tullamore, Co Offaly. That related to the underdeclaration of income tax.
John Tierney, a retired company director of Knapton Road in Dun Laoghaire, made a settlement of just under €1.5m.
That related to an offshore asset investigation, as well as an underdeclaration of income tax and capital gains tax.
Hussein Kaoun, a barber of Pairc Na Greine in Rathcormac, Co Cork, made a €484,000 settlement.
That included €235,000 in tax, €76,000 in interest, and €172,000 in penalties.