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Champion Irish horse trainer Aidan O'Brien has made a tax settlement with the Revenue for over half a million euro, the Irish Times has reported.
Photo by Racing and Sports
The director of Carriganog Stud in Piltown, Co Kilkenny, was among the top 10 biggest settlements on the latest defaulters' list.
The largest was Eassda Ireland, the golf course and resort developer that folded last year with debts of €33 million. It made a €3.6 million settlement with the Revenue this year.
Details of a total of 114 settlements were published today. Revenue audits and investigations yielded a total of €113 million in the three months ended June 30th. The settlements published in today's list total €26 million.
The Irish Times article written by Barry O'Halloran reports O'Brien settled a bill for €526,077 following an investigation into tax evasion on offshore assets.
The former champion amateur rider, who is now master at the Ballydoyle Stable, has trained a winner in almost every major flat race in Ireland and Britain, and celebrated successes in France and the United States.
The settlement, made under the name of Whisperview Trading Ltd, included unpaid tax of almost €177,640 and interest and penalties of nearly €348,500.