Independent Woman

Saturday 23 August 2014

Gerald Kean laughs off €40m-a-year tax bill claims

Caitlin McBride and Kirsty Blake Knox

Published 12/04/2013 | 07:47

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Reunited Lisa Murphy and Gerald Kean are taking things slowly
Reunited Lisa Murphy and Gerald Kean are taking things slowly
Lisa Murphy poses with Gerald
Lisa Murphy poses with Gerald

Gerald Kean has laughed off reports that he pays €40m annually in tax...but reveals he has paid €30m over the course of his career.

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Celebrity solicitor Gerald Kean has laughed off suggestions that he has an annual €40m tax bill. Kean clarified the error when asked about his apparent multi-million euro tax woes.

He was quoted as saying in RSVP Magazine: "I pay 30 or 40 million in taxes. I have been told I am paying almost 76 cent to every euro in tax. I have a huge tax bill, but I prefer to struggle and pay it."

However, Gerald told the Herald this morning: “I don’t pay over 30 million a year in taxes. I’ve paid that over my working life. It’s a lot of money but it’s also a long life. I’m completely against tax exiles – I would never move to another country. If you live in a country you contribute to it and you have to look after your own. You’re investing in your country. I don’t think its right to live somewhere and not pay taxes – I am absolutely against it.” 

"I was advised 20 years ago to go to tax exile, then again 15 years ago, ten years ago and the same five years ago," he said to the magazine. "I have never done it. I am struggling to pay my taxes.

"I pay 30 or 40 million in taxes. I have been told I am paying almost 76 cent to every euro in tax. I have a huge tax bill, but I prefer to struggle and pay it."

Meanwhile, it was also suggested in media reports this morning that he planned on opening a fast food restaurant in his plush Wicklow mansion, but he insisted that he's simply decorating his kitchen in a 1950's diner style.

“It’s not a diner or fast food joint open to the public or a drive through or anything like that. I’m just getting part of the kitchen done up in that retro 1950’s style for my daughter. I like the way it looks and I think it will look great in the house. But I’m not opening a fast food chain in my house,” he laughed.

And Gerald, who has rekindled his romance with former fiancee Lisa Murphy, whom he described as having a "heart of gold", also touched on the topic of politics - saying he's more comfortable in the courtroom than he would be in the Dail. "I have been approached by all the parties except Sinn Fein. The reason I won't do it is very simple, I can make more change outside by saying things are wrong."

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