Taxes Consolidation Act 1997 section 1055

Penalty for assisting in making incorrect returns, etc.

Section 1055 imposes a fixed penalty on any person who deliberately assists in or induces the making of an incorrect income tax or corporation tax return, account, statement or declaration.

• A penalty of €4,000 applies to anyone who deliberately assists with or induces an incorrect tax submission.
• The penalty covers submissions made for income tax and corporation tax purposes.
• It applies to returns, accounts, statements and declarations.
• The person penalised need not be the taxpayer – the provision targets third parties who facilitate incorrect filings.