I am informed by the Revenue Commissioners that the special unit to investigate the tax compliance of the Ansbacher account holders and associated persons has already been set up and has been operational since mid-October.
All the powers provided in the Taxes Consolidation Act are available to the investigators whose brief is to investigate all aspects of compliance of the persons concerned, including consideration of prosecution for tax offences where sufficient evidence can be obtained. In addition, any arrears of tax identified together with interest and penalties, where appropriate, will be pursued.