Fianna Fáil TD for Laois Sean Fleming says the public will be surprised to learn that the list of tax defaulters, and the amount of settlements published by the Revenue Commissioners on a quarterly basis, does not mean that the taxpayers concerned have paid their outstanding taxes in full.
Deputy Fleming said, “The Minister for Finance recently confirmed to me through a parliamentary question that of the €41.1m in settlements published to date in 2016, only €20.3m has been paid in full. It would appear this has always been the case.
“The Revenue Commissioners publish a list of tax defaulters every quarter with details of those taxpayers with whom they have reached a settlement. The publication of this list contains the original amount of taxation owed plus interest and penalties. However when these settlements are published there is no way of knowing whether or not the published amount has been paid in full or whether a reduced sum has been paid, or in many cases nothing at all.
“People will be surprised by this as it is generally assumed that those whose tax settlements are published are paying the full amount due to the Revenue Commissioners.
“I have raised this matter directly with the Minister for Finance and at long last he is dealing with this issue in the Finance Bill which is currently going through the Dáil. The Minister has indicated that publication notices in future will indicate the payment status in relation to published tax settlements.”