Friday June 5, 2020

Revenue to get details of Irish-held Swiss bank accounts

The Revenue is due to get the names and bank balances of every single Swiss bank account holder with an Irish address in 2018 under a new information-sharing agreement with the secretive Swiss authorities.

Michael Brennan

Political Editor

@obraonain
14th March, 2015

Revenue chairman Niall Cody has warned that taxpayers with undeclared funds should come forward now before their names are handed over.

It has already recovered €4.5 million from 19 Irish people with Swiss bank accounts, on foot of information supplied by a HSBC whistleblower.

“People who have offshore monies I think they should come to us and disclose it before we come to them,” Cody said.

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