Major tax problems uncovered at IBRC

The Revenue Commissioners are investigating a number of major tax issues that have been uncovered in the Irish Bank Resolution Corporation (IBRC), the state-owned bank being liquidated at present.

Ian Kehoe - avatar

Ian Kehoe

12th October, 2013

The Revenue Commissioners are investigating a number of major tax issues that have been uncovered in the Irish Bank Resolution Corporation (IBRC), the state-owned bank being liquidated at present.

The high-level investigation into the bank's tax affairs is multi-faceted, and is expected to lead to a significant tax settlement between the IBRC and the tax authority.

Some of the issues date back to the bank's former incarnation, Anglo Irish Bank. Others, however, are more recent,...

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