Big earners want to strike deals with taxman after settlement
A dozen or more high net worth individuals are hoping for a favourable deal with the Revenue Commissioner after a businessman allegedly agreed to settle for a fraction of his tax liability
At least a dozen high earners are hoping to secure a favourable tax deal with the Revenue after a businessman allegedly agreed to settle for a fraction of his tax liability, the Business Post has learned.
The cases, which involve a collective tax bill of around €100 million, relate to a well-known scheme used by high earners to transfer valuable share rights. The scheme allowed individuals to extract large amounts of money from companies and ...