The paper revealed that so-called vulture funds which have spent billions of euro in acquiring loans in Ireland – and are now making tens of millions from property here – are paying as little as €250 to Revenue.
Speaking on RTÉ radio, Donnelly said that the use of Section 110 status to lower tax bills could amount to tax avoidance "on a scale the Irish state has never seen before".
Department of Finance and the...
Subscribe from just €1 for the first month!
All Digital Access + eReader
Unlimited Access for 1 Month
Then €19.99 a month after the offer period.
€149 For the 1st Year
Unlimited Access for 1 Year
90 Day Pass
Get a Business Account for you and your team