Irish Examiner·3 min read·medium
Firm that owes Revenue €106m has just €17.5k in the bank
✦AI Summary
LPS International Plant Ltd, a company that recently settled a €106.6 million tax debt with Irish authorities, has been found to have only €17,478 in its bank accounts. The firm is currently in liquidation with significant outstanding liabilities to unsecured creditors.
LPS International Plant Ltd owed €46.2m for the under-declaration of Vat, plus €14.1m in interest and €46.2m in penalties. Stock picture: Laura Hutton/RollingNews
businesseconomy
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