Wednesday November 25, 2020

Funds industry on alert over proposed tax-avoidance clampdown

Government liaising with the Revenue over potential abuse

25th September, 2016

The government is considering a wider budget clampdown on tax-avoiding vehicles used by international funds that own billions of euro worth of assets in Ireland, The Sunday Business Post has learned.

The wider funds industry is on high alert at the move, confidential client briefing notes prepared by expert advisers and seen by this newspaper show. A government source confirmed this weekend that it is liaising with the Revenue over potential abuse of the structures,...

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