Irish Revenue closes in on offshore tax dodge

tax       2003-02-17 
The Revenue Commissioners have come up with a new scheme to trap Irish tax dodgers with funds in the Isle of Man, the Channel Islands and Luxembourg.
The plan involves banks in all three offshore havens being obliged to send all monies earned in interest by Irish residents straight to the Irish Revenue. Anyone who then wants to claim that interest will be obliged to apply to the Revenue, who may then have some questions of their own to ask.