About 50,000 holders of life assurance policies are to receive letters from their insurers warning them that their details are to be handed to the Revenue as part of its tax evasion probe into the financial products.
The first of the letters are being sent this week. This comes after the Revenue obtained five High Court orders in the last couple of weeks against Irish Life, Hibernian, Ark Life, New Ireland and a smaller insurer.
Subscribe from just €1 for the first month!
All Digital Access + eReader
Unlimited Access for 1 Month
Then €19.99 a month after the offer period.
€149 For the 1st Year
Unlimited Access for 1 Year
90 Day Pass
Get a Business Account for you and your team