Brian Keegan: The Tax Take

Now is not the time for Revenue to drop the carrot and stick approach

One billion euro. That’s how much Revenue took in the last time they mounted a high profile campaign to winkle out the tax due on assets and money held offshore. That particular offshore assets investigation, over a decade ago, was so successful that the Revenue’s carrot and stick technique has been adopted by revenue authorities across the world – in Italy, in the UK, in the US. They should have patented it. But ...