On Fri, 2004-04-30 at 14:44, Dermot McGahon wrote:
>> I would not though, recommend withholding tax. Even
> accidentally. Believe me, it doesn't work.
Hear, hear. I've been bitten by this one. Regardless of the reason for
which you are ostensibly withholding payment of tax, it isn't legal, and
you will accrue penalties of 1% per calendar month, plus possibly a
large fine, and legal costs should the Revenue Commissioners sue you.
Even putting your assets into the name of your spouse and declaring
bankruptcy isn't protection against the Revenue Commissioners as
evidenced by the recent court case (cf Irish Times law reports a few
weeks back) where the transfer of assets was deemed a "contract impeding
the administration of justice" and declared invalid.
Regards,
Ruairí
--
"An email worm is, is a computer virus and a computer virus is a program
that runs like Microsoft Word on your computer..."
-- William Campbell, BUA Training on RTE Radio
Maintained by the ILUG website team. The aim of Linux.ie is to
support and help commercial and private users of Linux in Ireland. You can
display ILUG news in your own webpages, read backend
information to find out how. Networking services kindly provided by HEAnet, server kindly donated by
Dell. Linux is a trademark of Linus Torvalds,
used with permission. No penguins were harmed in the production or maintenance
of this highly praised website. Looking for the
Indian Linux Users' Group? Try here. If you've read all this and aren't a lawyer: you should be!
