Finian McGrath
Question:283 Mr. F. McGrath asked the Minister for Finance if his attention has been drawn to the widespread tax evasion in all banks in 1993; and if he will make a statement on the matter. [21368/04]
View answerWednesday, 29 September 2004
Questions (103)
Written answers
The Deputy appears to be referring to the use of bogus non-resident accounts to evade tax. This matter has been dealt with extensively and thoroughly in the special inquiry by the Committee of Public Accounts into this matter in 1998 and subsequently. I do not propose to add anything to its findings. As a result of the work of that committee and action in the Finance Act 1999, in particular, substantial sums of money have been recovered by the State by way of tax, interest and penalties. That sum to date comes to about €775 million.