Reilly and fellow investors could have avoided income tax

James Reilly and his fellow investors could have avoided a huge sum in income tax because of their investment in the nursing home in Carrick-on-Suir, writes Pat Leahy.

14th July, 2012

Health minister James Reilly and his fellow investors could have avoided hundreds of thousands of euro in income tax because of their investment in the nursing home in Carrick-on-Suir, according to tax experts.

Reilly was last week named in Stubbs Gazette as one of a number of individuals who are in default on a debt of €1.9 million.

He told the Dáil last Wednesday night that the debt would be paid, though he gave no...

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