Saturday October 24, 2020

Alarming level of fraud in construction sector

Earlier this month, economists expressed alarm at Ireland’s ‘‘exceptional dependence’’ on the building industry to fuel economic growth.

28th January, 2006

Earlier this month, economists expressed alarm at Ireland’s ‘‘exceptional dependence’’ on the building industry to fuel economic growth. But not only has the over-dependence on construction left the economy vulnerable, it has also created a fertile ground for tax evasion and fraud.

The latest annual report from the Comptroller and Auditor General (C&AG), which examines whether taxpayers’ money is being used effectively, unveiled disturbing levels of tax non-compliance in...

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