Taxman focus on share options could net millions

A move to a new online reporting system is making it easier for the taxman to identify potential under-declarations of tax in relation to share-based remuneration.

A Revenue probe into share options began last year, with tax industry sources suggesting the yield from the crackdown could run to millions of euro.

“Revenue’s compliance programme regarding individuals who exercised a share option in recent years, but may not have paid the relevant tax, is ...