Dáil Éireann Debate, Tuesday - 17 February 2004
157 Mr. S. Ryan asked the Minister for Finance the number of persons, companies and trusts being investigated by the Revenue Commissioners arising from the clerical medical insurance-NIB inquiry at the latest date for which figures are available; the number of cases in which settlements have been agreed and the total amount paid to date; the number of cases still outstanding; and if he will make a statement on the matter. [4768/04]
Amharc ar fhreagraI am informed by the Revenue Commissioners that arising from the clerical medical insurance-NIB inquiry, 452 cases have been targeted for investigation. To date, Revenue has collected €48.91 million in tax, interest and penalties as a result of the investigations. This is made up of €44.13 million paid in relation to 285 settled cases and €4.78 million in respect of payments on account, in cases still under investigation. I understand that 110 cases were finalised with no additional liability arising.
In 2003, three cases were prosecuted, with fines being imposed in two cases and a suspended sentence imposed in the other. The individuals concerned have also settled their tax affairs and paid the outstanding tax, together with interest and penalties. A further case is under investigation with a view to prosecution.
Aggregate results of the ongoing investigations have been published each year since 1998 in the annual reports of the Revenue Commissioners. Individual details of settlements have also been published where the provisions of section 1086 of the Taxes Consolidation Act 1997 applied.
