Revenue targets 72 firms over €180m tax avoidance scheme

The Revenue has linked 72 Irish companies to an elaborate tax avoidance scheme that allowed them to extract more than €180 million from their businesses without paying any tax.

Ian Kehoe - avatar

Ian Kehoe

1st June, 2013

The Revenue Commissioners have linked 72 Irish companies to an elaborate tax avoidance scheme that allowed them to extract more than €180 million from their businesses without paying any tax.

The scheme was promoted by a number of different accountancy firms over a period of several years. Revenue has now begun taking challenges against the firms, after winning a test case in the Irish courts in relation to its investigatory powers. A number of companies are...

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