Two Galway settlements on latest tax defaulters’ list

Two Galway businessmen made tax settlements in the first quarter of this year, the latest list of tax defaulters published by the Revenue Commissioners reveal.

Modestas Ramanauskas Ltd, a company based at European Foodstore, 3 Terryland Retail Park, which is listed as a blocklaying service and retail shop proprietor, made a settlement totalling €84,000 in taxes, interest, and penalties arising from the underdeclaration of VAT and PAYE/PRSI and a Revenue audit case. This figure included a total of €54,008 in tax €29,992 in interests and penalties.

Patrick J Fahy, a publican with an address at 71 Bohermore, Galway, made a settlement totalling €49,638 arising from an underdeclaration of VAT and income tax, and a Revenue audit case. The settlement comprised €34,726 in tax €14,912 in interest and penalties.

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