TWO Donegal tax defaulters agreed settlements with the Revenue Commissioners for more than €750,000 according to the latest figures published today.
ELMcGettigan and Sons Ltd (now in liquidation) of Glebe, Kilmacrennan agreed a settlement of €733,639. The property developers/investors were found to have underdeclared Corporation Tax and VAT following a Revenue Audit.
The other local company was The Olde Castle Bar and Restaurant Donegal Ltd, 5 Wilson’s Creek, Rooseylongen, Donegal Town.
The restaurateurs agreed a settlement of €38,118.55 on foot of an underdeclaration of PAYE/PRSI and Corporation Tax being found following a Revenue Audit.
A total of 64 tax defaulters nation-wide have been named for the period from July 1 to September 30 of this year. The amount of settlements agreed including tax, penalties and interest was €12.7 million.
FIVE people from County Donegal appear on the latest tax defaulters list having made settlements between them...
ONLY one Donegal person has appeared on the Revenue Commissioners' latest list of tax defaulters, which was published today.