Irish Revenue Commissioners Taking Tough Stance On 'Mattress Money'

tax       2001-08-10 
Failing to take the lead from France, where the authorities have taken a pragmatic approach to the possibility of tax evaders coming out of the woodwork with the introduction of the euro, the Irish Revenue Commissioners have announced that they will take a dim view of the conversion of what they are calling 'mattress cash', and will be requiring banks to report anyone who is believed to have been hoarding cash for tax evasion purposes.