Vulture funds using charities to avoid paying tax, says Donnelly

Social Democrats TD says tax losses to State likely to be ‘tens of billions of euro’

Social Democrats TD Stephen Donnelly  claimed that vulture funds “are about to pull off the largest avoidance of tax on Irish profits in the history of the State”. Photograph: Eric Luke

Social Democrats TD Stephen Donnelly claimed that vulture funds “are about to pull off the largest avoidance of tax on Irish profits in the history of the State”. Photograph: Eric Luke

Irish charities are being used by vulture funds to avoid paying tax in the State, the Dáil has heard.

Social Democrats TD Stephen Donnelly claimed that vulture funds “are about to pull off the largest avoidance of tax on Irish profits in the history of the State”.

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