Former fashion boutique owner hit by 3 million euro bill after tax investigation
A former fashion boutique owner has been hit with a bill of almost 3.2 million euro after being investigated by tax inspectors.
Nora Filtness, from Millcastle, Castlepollard, Co Westmeath was among scores of names on the Revenue's latest Defaulters' List.
The multi-million settlement with inspectors was for unpaid tax, penalties and interest following an audit which uncovered under- declaration of income tax and VAT.
The Revenue described Ms Filtness as a former boutique proprietor previously trading as Clara Ellen.
A spokeswoman said it was bound by legislation not to release any further detail on the investigation.
The bill was calculated with the level of penalties and interest both matching the amount of unpaid tax, a step taken by inspectors if a business does not make a qualifying disclosure and if they identify d eliberate or careless breaches of tax codes.
The 3,186,753 euro was not paid at the end of June when the list was compiled for publication.
It said the case was among 58 which secured settlements worth more than 11 million euro for the state.
But Revenue added that the Defaulters' List was only a fraction of the investigations that had been completed in the three months to the end of June.
It said its inspectors secured settlements on 1,387 audits and investigations resulting in the recovery of 115.13 million euro in tax, interest, and penalties for the Exchequer.
Other major settlements published in Iris Oifigiuil included painter Edward Galvin, from Shannonlee, Model Farm Road, Cork making a settlement worth 633,827 euro over an o ffshore assets i nvestigation.
Builder and developer Martin Downes, of Kiltycreighton, Boyle, Co Roscommon made a 520,917 euro settlement following an audit over the n on- declaration of VAT and under- declaration of relevant c ontracts tax and PAYE, PRSI and USC.
Another large settlement involved the KC Tyre Centre on Quninlan Street, Limerick which has gone into voluntary liquidation and was hit with a bill for 515,089 euro for u nder- declaration of PAYE, PRSI, USC, VAT and c orporation tax.