EXCLUSIVE: Bondholders to be hit as Anglo makes €150m tax settlement

Failed bank to make largest ever tax settlement following Revenue probe

27th September, 2015

The former Anglo Irish Bank is on the verge of making the state’s largest ever tax settlement, with the Revenue Commissioners seeking payment of between €100 million and €150 million.

The move comes following a lengthy investigation by Revenue officials into certain tax practices at the bank. Political sources say the final figure could be well in excess of €150 million.

The settlement would be a major boost to the state’s coffers and...

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