Three Galway men named in latest tax defaulters list

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Three Galway names feature in the latest tax defaulters list from the Revenue covering settlements made in the first three months of this year.

In total, there were 30 settlements made for a total of €21,371,188 in the latest quarterly figures from the Revenue.

In Galway Medical Consultant Sherif Abdel Hanid Sultan of Busphypark, Galway City settled for €155,305.86 after an audit found €87,841.28 in under declared Income Tax.

The second largest settlement here was by Alan Killeen, an offshore cementer from Carragh Hill, Salthill, who settled for €48,494.1. This was in relation to the non-declaration of €31,797 in Income Tax.

Lastly, Brian Place, a retired man of Cregboy, Claregalway, reached a settlement of €42,458 for the non-declaration of €24,089.86 in Capital Gains and Income Tax.

All three of the settlements reached by these Galway figures have been fully paid over to the Revenue Commissioners.

Three of the businesses and individuals on the tax defaulters list were for sums in excess of €1 million, the largest of which was by Motor Vehicle Dealer James Joseph Daly of Cloghan, Co. Offaly.

He settled with the Revenue for €11,711,975 after an investigation in the non-declaration of €4,577,954 in income tax and VAT. The entirety of this sum was unpaid as of March 31.

Oshima Ireland Limited, Santry based Precision Metal Component manufacturer also settled for €4,002,701.99 after a revenue audit found €2,516,643.75 in under-declared corporation tax, PAYE/PRSI/USC and VAT, all of which has been paid.

Of the total settlements made in this quarterly report, €13,811,898 was still unpaid as of the end of March.