Revenue targets 100,000 taxpayers over life policies

Tens of thousands of Irish taxpayers will be required to make declarations to the Revenue Commissioners as it extends its investigation into life insurance policies.

2nd May, 2009

Tens of thousands of Irish taxpayers will be required to make declarations to the Revenue Commissioners as it extends its investigation into life insurance policies.

The tax authority is launching a new round of its inquiry into single-premium life insurance policies, which will concentrate on those who invested between €20,000 and €50,000. Previously, the Revenue had focused only on those who made investments of more than €50,000.

The new round of the investigation is expected...

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