Thursday 27 April 2017

Revenue seizes cows of farmer who owes €4m

Image: Gardai
Image: Gardai
Ciaran Moran

Ciaran Moran

The Criminal Assets Bureau (CAB) has seized 125 cows from a Co Kilkenny farmer after he ran up a €4m bill in outstanding taxes.

The cows were seized by the Sheriff on behalf of the CAB following a High Court judgment obtained by the Bureau for the unpaid taxes.

The bureau commenced its investigation relating to Thomas McDonnell of Pollough, Skeoughvosteen, Co Kilkenny, in 2006.

It said the tax liability covered the years 1991/2 to 2006 (a total of 16 tax years) based on assessments made in 2008 giving rise to a tax liability of €1.2m (tax only).

Gardaí said Mr McDonnell failed to discharge his tax liability.

Accordingly the Bureau commenced High Court Revenue proceedings for the collection of the unpaid taxes in November 2009.

According to a Garda statement, Mr McDonnell defended these proceedings with the assistance of a solicitor and counsel.

Ultimately, however, the bureau obtained judgment in May 2013 and has in the intervening period sought to collect the sums outstanding, the statement said.

Hope

With accrued interest, the tax liability inclusive of interest was in excess of €4m, gardaí have said.

Gardaí said the action, which has been one of a number of actions by the Bureau since obtaining judgment in the High Court, had resulted in approximately 125 cattle being seized.

The bureau said it will continue its work in the hope of engaging fully with Mr McDonnell to discharge his tax obligations.

Irish Independent

Promoted articles

Editor's Choice

Also in Irish News