Kenny Lee’s difficulties with Revenue began in 2008 when he sought to avail of a voluntary disclosure scheme aimed at people holding funds in Irish bank deposit accounts on which tax had not been paid. These difficulties have gone all the way to the Court of Appeal who ruled against Lee last week. In 2008, Revenue introduced regulations requiring Irish banks to report all interest payments over €635 (£500 in old money) made annually to deposit holders. The tax authority wanted to identify people with a few quid on account and cross-check it with the tax returns. Also, Revenue sought…
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