Tax Debt Crisis: Firm Owes €106m with Just €17.5k in Bank
LPS International Plant Ltd, a Co Galway plant and machinery firm, agreed to a €106.6m tax settlement with the Revenue Commissioners earlier this year, but held just €17,478.50 across two bank accounts when placed into liquidation, according to company documents filed with the Companies Office. The firm, which listed 41-year-old Michael Leonard as its sole … Read more