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Advise people to break the law by not declaring tax and setting up bogus non resident accounts and have no sanctions imposed on them.
Evade tax themselves by withholding dirt tax and have a sweetheart deal worked out with revenue.
Retype peoples statements to overcharge them and have no sanctions imposed on them. They can't claim that it was a mistake or that it was the actions of individuals, it happened in more than one branch.
I corrected an invoice today in my own business, where we had inadvertently charged a client €3,000 too much.Overcharge in so many areas that it now seems to be the norm.
In NIB's case I don't know, as I suspect it was a criminal offence. But it may just have been a civil offence.The question is why has nothing been done to the banks about this?
Why have no officials been arrested?
Is it because the banks are just too big and the government and relevant civil servants scared to go near them?
Why question would beIn NIB's case I don't know, as I suspect it was a criminal offence. But it may just have been a civil offence.I don't think that there is any evidence of a criminal offence in any of the other banks. Tax evasion is a criminal offence, but it has not been the norm in Ireland to arrest people for it. If it was the norm, we would need an extra 500,000 Gardai.
I agree with you there, the credit unions have campaigned vigorously for years to keep their customers accounts confidential. This seems to be a kind of nod and wink to say it's all right for the little guy to evade tax. There is no other reason for them to take such a strong stance on this. The issue is, does that make the dirt tax settlements that have been made OK?Probably because the Credit Unions and An Post also heavily advertised "confidential" deposits during this period. The banks were not alone.
Yes it was the NIB case, thanks, I couldn't remember what bank it was. I don't know if it was policy in NIB to forge statements but from recollection it happened in more than one branch.Was this the National Irish Bank case you are referring to? If this was systematic in any bank, the person responsible should go to jail
The banks are not just any business, they are licensed by the state because of the importance of the function they carry out and a high level of integrity is implicitly required from them in their dealings with those in society who are not equipped to check that their bank does.It is not the norm, but people make mistakes regularly and if they are large mistakes, they are picked up very quickly.
I agree that there is a bit of a media frenzy on this issue. I think the AIB currency overcharging affair was a nothing story. It's the sloppy was in which they carry out their business. In my company we overcharge the odd time but we also undercharge as well. I havn't heard of any cases where the bank has systematically undercharged it's customers.No, it's because people don't think for themselves about these issues. They jump to conclusions based on newspaper headlines.
I agree but why is the revenue going after the little guys now and not looking at the banks? I am not talking about arresting them I am talking about applying the same standards and penalties to the banks that are being applied, rightly, to private business.Tax evasion is a criminal offense, but it has not been the norm in Ireland to arrest people for it
I agree completely, so why are the revenue and the media now going after the people who had the money in the banks, who would have taken it out of the country, and not going after the banks.Back in the eighties,everyone knew about the extent of bogus non resident accounts. It wasn't just one maverick branch of a bank which did it. The government of the time knew. The Revenue knew. The Central Bank knew. They felt that if they clamped down on it, the money would simply leave the country.
No, I am suggesting that it should be stopped now. I don't believe that you should be gone after for tax evasion in the past that got a tacit nod from that powers that be at the time. Which is what is happening now.Everyone knows that the An Post and Credit Union savings are not being declared for tax purposes. Are people suggesting that we should have a public inquiry in 20 years time and jail the staff of An Post and the Credit Unions who highlight the confidentiality of these accounts?
I agree, but again I have to ask why we pillory the tax evaders of that time and not the banks. Surly what is good for one is good for the other.The banks simply reflected societies attitudes of the time.
I agree, we have had that discussion before and yes you have made your views on tax evasion clear on AAM. For the most part I agree with you. My issue here is that it seems to be OK to go after the "fat cats", be they business people, big farmers or politicians and yet the organisations that facilitated most of it and profited from all of it are virtually untouched.I really don't think there is much of a public appetite to truly address tax evasion. Sure - we all moan at the 'fat cats' who get listed in the Revenue quarterly list, but most of us are still delighted to get a 'price for cash' knowing well that this means we are complicit in tax evasion.
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