"Mr. Power has faced a penalty of €781,061 for non-declaration of income tax, as reported on the tax defaulters list."
"The largest settlement listed was from Lifetime Brands Europe Limited, totaling €1,115,755 for non-declared VAT."
Mr. Power has been penalized €781,061 for not declaring income tax, according to the quarterly tax defaulters list. This penalty was the only court-determined penalty this quarter, while 19 other cases saw settlements totaling €6.2 million, with the largest coming from Lifetime Brands Europe Limited at over €1.1 million for VAT non-declaration. Other notable settlements include I&L Biosystems and SSC Property ICAV, with unpaid settlements still existing from various businesses as of March 31.
Read at Irish Independent
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