Builders are facing potential tax bills running into tens of millions of euro after a Munster construction company lost a tax case last week over a Vat scam that is widely used in the industry.
The Revenue Commissioners last Thursday successfully defended a tax assessment raised against the building company, which had used a legal loophole to avoid the payment of Vat.
The case is the first to be successfully defended by tax officials against...
Subscribe from just €1 for the first month!
All Digital Access + eReader
Unlimited Access for 1 Month
Then €19.99 a month after the offer period.
€149 For the 1st Year
Unlimited Access for 1 Year
90 Day Pass
Get a Business Account for you and your team