New information compiled by the Revenue Commissioners shines a light on the areas that the Irish tax authority is focusing the bulk of its investigative energies. The data, which breaks out by sector the number of audits and investigations and the resulting yield, is informative in showing the volume of interventions Revenue has engaged in and which sectors it has targeted most heavily. Revenue audits are a key part of the self-assessment tax system. They are required to ensure the integrity of the system and reinforce the image of Ireland as a tax-compliant country, something that is important for attracting investment.…
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