Irish vehicles of Cerberus tend to file annual accounts in waves. In October, as previously reported, the subsidiaries used by the $45 billion US vulture fund to acquire the Redwood distressed debt portfolio from AIB and the Scariff and Aran loan books from Ulster Bank reported significant tax payments in Ireland for the first time. In the past few days, accounts for more special purpose vehicles (SPVs) in Cerberus’s Irish-Dutch Promontoria structure have been published. While most report steady collections on mostly British loan books, two of them shine new light on the effects of the 2016 tax reform targeting…

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