Revenue's Christmas wishes for Property Tax Dodgers.

powderfinger

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Looks like they're going after the celticpiggies who thought that by salting the cash away in an overseas undeclared rentshack,they were ahead of the game.Deluded greedy gobshites.

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TheBear

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<Mod>Moved to the Economy forum.</Mod>
 

badinage

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powderfinger said:
celticpiggies who thought that by salting the cash away in an overseas undeclared rentshack,they were ahead of the game.Deluded greedy gobshites.
Are you morally outraged by their tax dodging, or are you jealous and resentful? Would you declare all your income to the Revenue if you believed you could avoid paying tax on a portion of it?

A huge chunk of the population tries to minimise their tax liabilities, or actually fails to declare, from millionaire property developers to working class plumbers. Do you hate them all equally, or just the ones who earn way more than you?
 

The Lighthouse Keeper

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Jul 19, 2007
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Déja Vu

The offshore bank account of yesteryear transformed itself into the offshore property portfolio of today.
I think it's way overdue that the Revenue chased after this money.
Problem is they'll probably only catch a few retired pensioners of modest means while the big players with complex company ownership structures will get away with again.
 

myk

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badinage said:
powderfinger said:
celticpiggies who thought that by salting the cash away in an overseas undeclared rentshack,they were ahead of the game.Deluded greedy gobshites.
Are you morally outraged by their tax dodging, or are you jealous and resentful? Would you declare all your income to the Revenue if you believed you could avoid paying tax on a portion of it?

A huge chunk of the population tries to minimise their tax liabilities, or actually fails to declare, from millionaire property developers to working class plumbers. Do you hate them all equally, or just the ones who earn way more than you?
its called evasion, there is a huge difference between legally managing your tax affairs and illegally evading your liability.
 

powderfinger

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badinage said:
powderfinger said:
celticpiggies who thought that by salting the cash away in an overseas undeclared rentshack,they were ahead of the game.Deluded greedy gobshites.
Are you morally outraged by their tax dodging, or are you jealous and resentful? Would you declare all your income to the Revenue if you believed you could avoid paying tax on a portion of it?NONE of the above re Q1. YES to your second question.
A huge chunk of the population tries to minimise their tax liabilities, or actually fails to declare, from millionaire property developers to working class plumbers. Do you hate them all equally, or just the ones who earn way more than you?
I am surprised that the State are gearing up to cash in on this particular rainy day fund now.I thought that there was a few years grace left for the fiscally deluded foreign apartment class.By the way ,how much do I earn?
 

badinage

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powderfinger said:
badinage said:
powderfinger said:
celticpiggies who thought that by salting the cash away in an overseas undeclared rentshack,they were ahead of the game.Deluded greedy gobshites.
Are you morally outraged by their tax dodging, or are you jealous and resentful? Would you declare all your income to the Revenue if you believed you could avoid paying tax on a portion of it?

A huge chunk of the population tries to minimise their tax liabilities, or actually fails to declare, from millionaire property developers to working class plumbers. Do you hate them all equally, or just the ones who earn way more than you?
I am surprised that the State are gearing up to cash in on this particular rainy day fund now.I thought that there was a few years grace left for the fiscally deluded foreign apartment class.By the way ,how much do I earn?[/u]y.
That was avoiding my question. My question is whether you hate plumbers who don't declare their full income to the Revenue just as much as you hate millionaire overseas property developers? The principle is exactly the same. i.e. are you jealous of wealthy people, or is it the principle (applied equally)?
 

feargach

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I think there are several millionaire plumbers.

How insulated from modern life a person must be to be unaware just how crushingly expensive simple plumbing jobs have become. Plumbers are in the same league as barristers now.
 

A_man_about_a_dog

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feargach said:
I think there are several millionaire plumbers.

How insulated from modern life a person must be to be unaware just how crushingly expensive simple plumbing jobs have become. Plumbers are in the same league as barristers now.
Tell me about. My immersion tank broke last week. I could almost hear the delight in the plumber's voice when I told him about the problem. He was probably already pricing the job in his head before he'd even seen the feckin thing. To top it all off, he cracked a brand new pipe when he was installing it and got another half day's work out of it! :?
 

powderfinger

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Fail to see any avoidance or evasion in my previous post .Ease up with the old "moral outrage" etc. nonsense as well.Nasty traits that blur and distort any view in my leabhar.As for plumbers and multi-millionaire property developers I would be friendly with both coincidentally.Anyways enough of that.I don't have sympathy for those who make a choice to purchase abroad without regard to the tax obligations due on either/or the funds used and rental income yielded.Did they not see this one waiting down the tracks?To my mind it was as obvious as the nose on Bertie's face.
 

myk

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Overseas rental income is actually schedule D case III, I think....
 

Colada

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Err...I own a foreign property.
I declare my rental income and pay my taxes, at home, and abroad.
Proper use of tax allowances mean my tax is minimal.
The Revenue ask questions - I answer 'em. They go away.
Big ****in' swing lads. You're fevered imaginations are running away with you.
 

myk

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foreign rental is either III or IV, I think III, but I don't have my tax books to hand
 

Akrasia

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badinage said:
powderfinger said:
celticpiggies who thought that by salting the cash away in an overseas undeclared rentshack,they were ahead of the game.Deluded greedy gobshites.
Are you morally outraged by their tax dodging, or are you jealous and resentful? Would you declare all your income to the Revenue if you believed you could avoid paying tax on a portion of it?

A huge chunk of the population tries to minimise their tax liabilities, or actually fails to declare, from millionaire property developers to working class plumbers. Do you hate them all equally, or just the ones who earn way more than you?
the cornerered cat spits back.


are you equally empathatic for the poor drug mules 'only trying to earn a living) or the poor drink drivers 'only trying to socialise'
or the poor terrorists, 'only trying to secure a homeland'
 

tonys

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powderfinger said:
Looks like they're going after the celticpiggies who thought that by salting the cash away in an overseas undeclared rentshack,they were ahead of the game.Deluded greedy gobshites.

Link
what a sad person you are.
 
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myk said:
foreign rental is either III or IV, I think III, but I don't have my tax books to hand
to the best of my knowledge (and that is NOT saying much), III is for certain kinds of income on which tax has not been paid.....thus interest on an EU bank account where DIRT was paid by the deadline is taxed under IV; but if tax has not been paid, it is taxed under III...
foreign rental income falls under III since it has not suffered Irish tax at source or upon encahsment....zzzzzzzzzzzzzzzzzzzzzzzzzzzz....
 

badinage

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Akrasia said:
badinage said:
powderfinger said:
celticpiggies who thought that by salting the cash away in an overseas undeclared rentshack,they were ahead of the game.Deluded greedy gobshites.
Are you morally outraged by their tax dodging, or are you jealous and resentful? Would you declare all your income to the Revenue if you believed you could avoid paying tax on a portion of it?

A huge chunk of the population tries to minimise their tax liabilities, or actually fails to declare, from millionaire property developers to working class plumbers. Do you hate them all equally, or just the ones who earn way more than you?
the cornerered cat spits back.
Eh? It was my first post on the thread, I don't own any foreign property, I declare all my income, and I don't know any millionaires, property developers, or plumbers.

feargach said:
I think there are several millionaire plumbers.

How insulated from modern life a person must be to be unaware just how crushingly expensive simple plumbing jobs have become. Plumbers are in the same league as barristers now.
The average barrister doesn't actually earn that much. I wouldn't be surprised if the average plumber earned more than the average barrister.
 

powderfinger

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According to new Revenue Chairman Josephine Fehilly,the Rev. Commr's are currently investigating 2,000 foreign property purchases.They are also seeking powers to compel auctioneers and estate agents to hand over details of Irish people who have purchased property abroad.Proper order.http://www.rte.ie/business/2008/0424/revenue.html
 


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