Revenue takes in €312m in latest tax evasion probe
27/07/2005 - 12:00:52The Revenue Commissioners has announced receipts totalling €312m in their on-going investigation into the use of life assurance products to evade tax.
The tax collection agency said today that 4,600 people had admitted their involvement in such schemes ahead of the deadline for voluntary disclosure last Friday.
It also said it would be following up around 3,500 more cases where people notified the Revenue of their intention to disclose details, but never did so.
