IFSC global securities trading company Susquehanna is embroiled in a multi-million tax battle with the Revenue Commissioners. "This is not a case of getting tax relief twice. There is no abuse going on here," lawyers for the US-owned operator claim.
Sabina Murphy worked 14 years as a civil servant including with the Revenue Commissioners. Then the Criminal Assets Bureau secured freezing orders against her bank accounts.
Revenue have long argued that when a doctor operates through a company, it is not longer vat exempt. However, a new case has contradicted this – a move that will have massive implications for thousands of doctors and dentists around the country.
When company director Kevin Rabbitte finally came clean about being the frontman for a transnational Vat fraud, he claimed he was acting for an extremely dangerous individual.
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