INDEPENDENT TD Mick Wallace will put half his €92,000 Dáil salary towards repaying the €2.1 million Revenue debt of his construction firm MJ Wallace Ltd.
In an emotional personal statement to the Dáil about his tax affairs and under-declaration of VAT, the Wexford TD apologised for “an error of judgment” and said he would “not defend the indefensible. The company understated its VAT liability and we were wrong to do so.”
Penitent mode offline…
Engaging passive aggressive mode…
Mr Wallace also apologised “to the members of this Dáil for bringing any dishonour on a profession which hardly needed it”.
Previously: Mick Wallace’s Statement