HMRC arrests four KPMG partners over tax evasion

HMRC visited KPMG’s Belfast offices and arrested four partners in connection with suspected tax evasion reported the BBC last week. Eamonn Donaghy (head of tax in Belfast) Paul Hollway (head of corporate finance in Ireland) Jon D’Arcy and Arthur O’Brien were arrested last Wednesday. All four men are directors in a property investment company called JEAP Ltd although the BBC states that it is not clear if the company is part of HMRC’s investigation.

KPMG has said the firm is cooperating with HMRC’s investigation and the four partners have been placed on ‘administrative leave’ adding that it does not have ‘any...