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Three Galway names on latest tax defaulters list

Three Galway companies and individuals have been named in the latest list of tax defaulters for the last three months of 2019.

Forty five settlements were listed in the latest tax defaulters list from the Revenue Commissioners, with settlements totalling just under €20 million.

In Galway the largest defaulters was DG Asset Management Limited, which settled with the revenue for €230,813.71 over the under declaration of PRSI/USC/PAYE and VAT amounting to €158,080.

As of the end of 2019, the state was still owed €138,187.71 of that settlement, with the company now in liquidation.

Declan Joyce, an office equipment wholesaler based in Liosbain Industrial Estate, paid off a €99,758.90 settlement with the Revenue.

This was over €63,904.34 worth of under declaration of Income Tax, PAYE/PRSI and VAT.

The final Galway name on the list is William Caufield, a farmer from Cregmore, Claregalway who settled for €88,780 over the under declaration of €40,997 in Capital Acquisitions Tax.

The single largest settlement made by the Revenue with a tax defaulter in the final quarter of last year was €10,901,073 with the Louth based Sherwood Investments Limited.

Among the other notables on the list was the Cork radio broadcaster Neil Prendeville, who settled for €541,636 over the under declaration of Income Tax to the tune of €327,663.

Briain Kelly
Email: news@galwaydaily.com

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