Gerry ‘The Monk’ Hutch Faces Massive €790,000 Tax Bill from Cab
Gerry Hutch, also known as ‘The Monk’, is facing significant financial scrutiny. The Criminal Assets Bureau (CAB) is pursuing Hutch for nearly €790,000 in alleged unpaid taxes. This amount stems from unreported income during the years 2006 to 2010.
Details of the Tax Claim
The CAB has communicated that Hutch failed to declare various sources of income. This undeclared income has resulted in the hefty tax bill now under scrutiny.
Timeline of Alleged Unpaid Taxes
- 2006: Year of undeclared income begins.
- 2007: Continued failure to report income.
- 2008: Accumulation of unpaid taxes.
- 2009: Ongoing investigation and correspondence from CAB.
- 2010: Final year in which income was allegedly unreported.
Hutch’s tax issues illustrate a significant case of financial oversight, leading to a substantial claim from the authorities. The pursuit by the CAB reflects the ongoing efforts to address financial accountability among prominent figures.
As this situation develops, further details are expected to emerge regarding Hutch’s response and the implications of this massive tax bill.
