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Monday 24 June 2019

Singer Big Tom among tax dodgers in ?30m settlements

Nicola Anderson

Nicola Anderson

LEGENDARY showband singer Big Tom has been named as the former holder of a bogus non-resident account.

The Mainliners singer appears under his real name, Tom McBride, in the Revenue's quarterly list of tax defaulters.

Mr McBride, from Castleblayney, Co Monaghan, made a settlement of ?100,000 to Revenue collectors. Of this, ?25,000 was owed in tax while ?75,000 was penalties.

Just under ?30m was paid out to the Revenue Commissioners by 180 holders of bogus non-resident accounts, according to the latest list of tax defaulters published yesterday by Iris Oifigiuil.

The second highest settlement ever was made by an insurance broker from Fermoy in Co Cork, Charles J McCarthy, who paid over ?6.4m to Revenue. Of this ?2,497,097 was in tax and ?3,902,903 was penalties.

A Catholic curate, Fr Hugh Sweeney, from Lifford, Co Donegal, was a bogus non-resident account holder who made a settlement of ?125,000.

Farmers, publicans and company directors were among the main defaulters in the settlement list for April to June 2004.

Revenue coffers were swelled by a total of ?37.3m arising out of all 242 published settlements in the three-month period to June 30 last, with 78 for amounts over ?100,000, nine for over ?500,000 and three over ?1m.

Special investigations by Revenue led to 180 settlements totalling ?29.1m by holders of bogus non-resident accounts; five settlements totalling ?1.26m from the Ansbacher investigation; eight totalling ?0.66m from Revenue investigations into Off-Shore Funds and two totalling ?0.3m relating to the NIB investigations.

Beneficiaries of the late Dublin-based businessman, Adolf Franz Wojnar of Kilmacanogue, Co Wicklow, who died in 1993, settled over ?634,000 following the Ansbacher investigation.

A Co Galway father and son both made settlements arising out of underdeclaration of tax and bogus non-resident accounts.

Company director John Sullivan Jnr, of Ballyhugh in Gort, made a total settlement to Revenue of ?1.09m, of which ?476,524 was in tax and ?622,476 penalties.

His father, insurance broker and undertaker John Sullivan, settled ?32,904 of which ?9,742 and ?23,162 were penalties.

Company director James Callery, of Elphin, Co Roscommon, also settled almost ?2m for underdeclaring income and capital gains taxes and as the holder of a bogus non-resident account. Of the ?1.95m total, ?554,899 was owing in tax and ?1.398m in penalties.

Businessman Joe Nally, of Dunboyne, Co Meath, settled ?668,731 in taxes and penalties arising out of underdeclaring income tax and VAT and as being the holder of a bogus non-resident account.

Three solicitors made settlements arising out of Ansbacher. Roger P Ballagh, of Churchtown in Dublin, settled over ?95,000; Terence E Dixon, of Roundwood, Co Wicklow, settled ?66,000 while Michael O'Shea, of Shankill, Co Dublin, settled ?114,143.

Architect Austin C Murray of Upper Mountdown, Dun Laoghaire settled ?351,642 arising out of the Ansbacher investigation.

Kerry takeaway food supplier Sean Murphy, of the Square, Killorglan, owed ?600,000 as a result of underdeclaring income tax and VAT as well as being the holder of a bogus non-resident account.

Company director, Patrick McCloskey, of Killybegs, Co Donegal, owed ?700,864 also because of underdeclaring tax and being the holder of a bogus non-resident account.

Beneficiaries of deceased Waterford farmer Albert Kingston, of Killahalla, Cappoquin, settled ?795,269 for the same reason.

Company director David Addison, of Rockford Manor, Blackrock, Co Dublin, settled ?871,000 from underdeclaring income tax.

Donegal farmer Daniel Doherty, of Terryrone, Moville, was served a concurrent one-month prison sentence in respect of five charges of failing to lodge income tax returns and also fined ?1,265.

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