What did Noonan know about vultures' tax?

Buyers of state loan books would have disclosed their plans for tax structures, source says

Michael McGrath called on Minister for Finance Michael Noonan to make a statement on the issue

The government is coming under severe pressure to explain how much it knew about tax structures deployed by vulture funds before Nama and IBRC sold billions of euro worth of loans to them.

This weekend, Fianna Fáil finance spokesman Michael McGrath called on Minister for Finance Michael Noonan to make a statement on the issue, and said the Dáil should be recalled to deal with it if necessary.

Read David McWilliams on vulture ...