Bogus non-resident account holders who have still not settled their affairs with the Revenue Commissioners have been warned that Revenue officials may call to see them without further notice.
The Revenue has been sending out letters over the past couple of months to individuals its believes still have outstanding tax liabilities. The main banks have already begun to disclose the names of account holders to the Revenue on foot of a High Court order.
Last month the Revenue disclosed that it was working on cases involving 800 bogus non-resident account holders who did not avail of the voluntary disclosure scheme last year.
Eight court orders have been granted requiring 11 financial institutions to hand over details of particular deposit accounts and further applications are expected.
Customers identified can challenge the court order in the High Court.
Speaking in the Dβil last month, the Minister for Finance, Mr McCreevy, warned that individuals who had availed of the 1993 tax amnesty but failed to disclose any tax liabilities on these accounts would be pursued by the Revenue. They will face severe penalties and details of their settlements will be made public.
To date the Revenue Commissioners have collected €221.9 million (£175 million) under the Voluntary Disclosure Scheme.
The Revenue has played down suggestions that there may be many millions more to be collected from account holders who have refused to settle their tax affairs.
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