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'Viper' to pay €740,000 tax bill after reaching end of legal road

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 Martin ‘The Viper’ Foley. Photo: Collins

Martin ‘The Viper’ Foley. Photo: Collins

Martin ‘The Viper’ Foley. Photo: Collins

Veteran Dublin criminal Martin 'The Viper' Foley has reached the end of the road in his quest to avoid paying a €740,000 tax bill after losing a Supreme Court appeal against the Criminal Assets Bureau (CAB) over a 1990s income tax bill.

'The Viper' had previously tried to have the matter quashed by the Court of Appeal which ruled against him last November.

Foley then lodged an appeal with the Supreme Court, which came back in favour of the CAB last Friday.

In his initial defence against the tax bill, Foley claimed he had been "taken by surprise", was left in "an almost impossible situation" and the CAB had failed to explain why it took 11 years to bring the judgment application.

Foley (66) is one of Ireland's most notorious criminals, who has survived four attacks on his life and suffered around 14 bullet wounds.

He will now have to pay a CAB tax and interest bill, which has ballooned to more than €738,000 for the years 1993/94 and 1999/2000.

'The Viper' was hit with a tax bill of €218,000 for the years 1993/94 and 1999/2000.

He made payments totalling €40,000, reducing the bill to €178,000.

In February 2002, he brought an appeal against the assessment, which was rejected.

However, the bill ballooned because of interest and penalties on the unpaid sum over more than 11 years.

Irish Independent