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.
A new analysis of Central Bank data shows that 27% of settlements over the past six years relates to banks. Investment and insurance firms also feature highly. However, if the watchdog gets its way, the next focus will be on individuals.
Availed of by 66,000 firms, the €2.8bn wage subsidy scheme has been the cornerstone of the government’s economic response to Covid-19. However, Revenue has identified abuses including payroll manipulation and turnover suppression.
Earlier this year, a Swedish fund took control of a Dublin aviation firm and sued its owners for $25m. Now, the owners are fighting back and making a number of new claims about the struggles of the business.
Employing 230 people in Cork, software firm 8 West Consulting remains low profile. Co-CEO Eamonn Franklin talks strategy, finance and rescue missions.
Photojournalist Ruth Medjber on touring with Hozier, why artists should never be too proud to take a job, the sexism she encountered in her career and why she always thinks in the language of Instagram.
Three years after raising €3.2m from a BDO fund, shareholders are in disagreement. An expert report questioning how the firm accessed Covid supports is rejected by its board.
Disputes over retail property rents continue to escalate before the courts as Level 5 restrictions bite, this time opposing Boots and Paddy McKillen’s shopping centre vehicle.
Board minutes, memos and legal filings reveal the internal rancour enveloping Swrve, an Irish software firm that raised $125m from Isif, Atlantic Bridge and others. A bitter dispute has now erupted over a deal to save the firm.
The offshoot of US private equity giant Cerberus has launched a High Court debt action against the brothers behind the upmarket Irish footwear brand.
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