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Thu 02 Feb 2010Directors who avoid PRSI must be 'liable'

COMPANY LAW should be changed so that directors who wilfully avoid the payment of PRSI contributions to the exchequer can be made personally liable, a report from the Dáil Public Accounts Committee said yesterday.

In its First Interim Report on the Loss of Fiduciary Taxes arising from the abuse of limited Liability, the committee also recommended that directors being appointed to limited liability companies should have a tax clearance certificate.

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