Key elements in the Revenue Annual Report 2002

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  • Just under €40 billion was collected in gross revenues.
  • The total yield from Bogus Non-Resident accounts; Ansbacher, CMI/NIB is over €700 million.
  • Revenue audits yielded €350 million (including arrears and payments on account).
  • Drugs worth €33 million were seized and 34 suspected drug smugglers were arrested. Almost 75 million cigarettes and 7.5 tonnes of tobacco were also seized.
  • Outstanding debt is now at just over 3 per cent - down from 4 per cent the previous year.
  • The amount of debt written off in 2002 was €178 million, in comparison to €140 million in 2001.
  • There were three convictions for serious tax evasion - there have been four further convictions this year to date.
  • There were 491 convictions for smuggling and other Customs & Excise related offences.
  • There were 1,038 convictions for failure to file IT and CT returns. Penalties were imposed on 617 employers for failure to file P35s. Fine and penalties amounted to over €1.8 million.
  • The Tax Defaulter's List included 230 Bogus Non-Resident accounts covering settlements totaling €25.07 million.
  • Payments totaling €45.94 million have been received in respect of National Irish Bank Clerical Medical Insurance.
  • Payments totaling €23.64 million have been received in respect of 73 cases in the Ansbacher investigation.
  • Enforcement procedures through solicitor, sheriff and attachment yielded over €188 million from more than 38,000 cases
  • €7.7 billion has been paid through the Revenue Online system since its inception in September 2000. €675 million has been repaid through ROS, 163 tax returns filed and 572,153 account inquiries have been made through the system.