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Third Parties Face Penalties Over ‘Deliberate Tax Evasion’ Scheme

Aarti Maharaj | September 30, 2015

The global crack down on tax evasion continues. In Ireland, a project by the Revenue Commissioner (the Revenue) uncovered that some third parties were not paying tax and expenses that were not work-related, said a recent article in the Irish Times.

But that was not all. The investigation brought to light how the companies were making tax deductions on pensions payments, which documents revealed were never made.

According to the Comptroller and Auditor General’s report (C&AG) when the taxpayers were contacted about the investigation into their tax evasion practices, their tax agents responded with “grossly inadequate or incomplete disclosures”, the Irish Times reported.

At the initial stages of the investigation the Revenue reached out to tax agents and representative...

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