Former Kerry footballer Jack O'Shea, one of the best-known GAA stars of his generation, has made a tax settlement for more than €19,000 with the Revenue, according to the latest list of defaulters.
Mr O'Shea, a plumber, paid tax of €6,209 for underdeclared income and €13,209 in interest and penalties on that liability following a Revenue investigation into offshore assets. His case was included among 148 published settlements totalling €28.11 million in the October-December period last year.
Among these were settlements from four former top management figures in AIB who had dealings with Faldor, an offshore investment vehicle. Including unpublished settlements, the overall yield in October-December from Revenue's audit and investigation programme was €125.26 million.
The biggest of five settlements for more than €1 million were from Co Tipperary businessman Richard Strang and his Clonmel-based motor dealership, Strang's Motors, whose two payments came to a total of €2.35 million.
Mr Strang, who was not available to comment yesterday, paid €1.95 million in settlement of a €545,914 liability for underdeclared income tax and VAT and €1.4 million in interest and penalties. This case arose from the investigation into bogus non-resident accounts and single premium insurance products. Strang's Motors paid €94,790 in underdeclared corporation tax and VAT and €305,210 in interest and penalties.
Also in Clonmel, Dr Thomas Heneghan made a settlement of €752,277 for underdeclared income tax.
A Co Meath-based retired company director, Michael J Costello, paid a settlement of €2.24 million for underdeclared income tax and VAT. From Bettystown, his settlement arose from Revenue's investigations into offshore assets and bogus non-resident accounts.
A Dublin 4-based landlord and retired company director, Patrick Walsh, made a settlement of €1.86 million for underdeclared income tax in a bogus non-resident account case. Interest and penalties accounted for €1.19 million of the total.
Sligo publican Peter Henry, owner of the Blue Lagoon pub, made a settlement of €1.27 million for underdeclared income tax and VAT in a bogus non-resident account and offshore assets case.
Revenue said that 13 of the settlements exceeded €500,000 while 60 were for amounts exceeding €100,000. Some 64 settlements for a total of €11.83 million in respect of bogus non-resident accounts and 31 settlements for a total of €10.1 million in respect of offshore funds.
One settlement arose from the Ansbacher investigation. The individual in question was Howth-based retired company director Patrick J Clonan, who paid a €300,667 settlement for underdeclared income tax, VAT, capital gains tax and gift tax.
Company director Francis D O'Rourke, from Killiney in south Dublin, made a settlement of €820,000.
Retired employee Seán O'Connor, of Longford, paid €772,077 while Wexford farmer Patrick Joseph Doyle, from Enniscorthy, made a settlement of €746,200.
