Revenue asks for winding-up of companies with tax debts of close to 1m owned by developer Greg Kavanagh
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Revenue asks for winding-up of companies with tax debts of close to 1m owned by developer Greg Kavanagh
"The Revenue Commissioners has asked the High Court to wind-up a clutch of companies controlled by property developer Greg Kavanagh, indicating serious financial issues."
"Fofo Investments, one of Kavanagh's companies, was named last year by Revenue as a tax defaulter, owing €541,000, which remains unpaid."
The Revenue Commissioners have initiated High Court proceedings to wind up several companies owned by property developer Greg Kavanagh. One of these companies, Fofo Investments, was identified as a tax defaulter last year, with an outstanding debt of €541,000. Despite this, Kavanagh claims that other businesses he owns are due refunds exceeding €6 million, indicating a complex financial situation involving significant tax liabilities and potential refunds.
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