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Former Aughnish chair says negligent advice led to €3.3m back tax bill

Summary by Roscommon Herald
High Court reporters A former chairman and MD of aluminium manufacturer, Aughinish Alumina in Limerick, claims negligent advice from his tax adviser led to him facing a bill for €3.3 million in back taxes, interest and penalties. Damien Clancy is suing Kennelly Tax Advisers Ltd, Mespil Road, Dublin, over advice the firm gave to him telling him he could avail of what is known as “Transborder Relief”... Source
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Roscommon Herald broke the news in on Monday, October 16, 2023.
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