Revenue warns of looming deadline for offshore assets
Thousands in ‘last chance saloon’ to declare their overseas interests, says taxman
Thousands of Irish people are in the “last chance saloon” over their offshore assets, according to Revenue commissioner Gerry Harrahill.
The surge in people reporting could produce a tax yield of around €30 million - and possibly much more, Harahill said.
Revenue has contacted half a million Irish taxpayers to encourage them to declare any foreign assets - whether bank accounts, property, or pensions - and to make a voluntary declaration on any ...
