Priest stumps up €433,475 to Irish taxman
Priest puts €433,475 in taxman's collection plate in relation to income tax and CGT issues
A Cork priest has shelled out a €433,475 settlement to the Irish taxman.
Fr Tadhg O’Donovan paid the windfall amount in relation to under-declaration
of income tax and capital gains tax on his extensive property interests,
Irish Examiner reported
The settlement with the Revenue Commissioners consisted of €187,447 in unpaid
taxes and €246,029 in penalties and interest after a Revenue audit.