Defaulters still owing taxes will be named
Tax defaulters who have failed to pay back what they owe will be identified in a new-style defaulters' list to be published by Revenue on Tuesday.
Each quarter, the tax authorities publish a defaulters' list, naming individuals and the amount of the specific judgment against them.
For the first time, Revenue will state whether those named on the list have discharged their tax liability.
The decision to publish the identity of those with ongoing outstanding tax debts, will mean further embarrassment for those in trouble with Revenue.
The revamped list will include details of amounts still outstanding, plus relevant interest and penalties.
The traditional defaulters' list, which names and shames defaulters and provides information on money owed by each person, does not mean the taxpayers involved have actually paid off their debts.
Of the €41.1m in settlements published up to November 2016, only €20.3m was discharged in full.
Of the remainder, €6.9m was being recovered under phased payment agreements, a further €7m was subject to recovery enforcement proceedings.
A total of €6.9m was deemed "uncollectable".
In 2015, less than a quarter of the €68.2m owed was collected, without further action by Revenue.
Failure to meet outstanding tax bills can lead to additional penalties.
Sunday Indo Business