Saturday September 19, 2020

The buck stops with company directors on firms’ tax affairs

28th July, 2019

One prominent case from last year offers a salutary lesson on the obligations that company directors must meet.

The criminal conviction last year of a high-profile individual is a timely reminder to company directors of their obligations to ensure that the tax affairs of the company are correct and in order.

The high-profile individual was a director and shareholder in an Irish private limited company. The company’s business involved the sale and distribution of refrigeration...

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