A sea fisherman whose assets were placed into receivership and sold for close to a million euro, lost his appeal to the Tax Appeals Commission (TAC) to reclaim VAT paid out during the course of the sale. The background to the appeal was described as both “lengthy” and the subject of some dispute between the parties by the TAC, but there are certain material facts. The fisherman’s commercial fishing vessel was deemed unseaworthy in 2010 by the Department of the Marine, preventing him pursuing his livelihood and ultimately hindering his ability to repay his borrowings with the Bank of Ireland,…

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