Vol. 440 No. 4
103 Mr. D. Ahern asked the Minister for Finance the reason there has been a delay in the finalisation of the tax situation of a company (details supplied) in County Cavan which went into receivership and liquidation; and if he will make a statement on the matter.
I am advised by the Revenue Commissioners that a receiver was appointed to the company in question on 19 June, 1987.
He was duly notified of the Revenue preferential claim, which he subsequently paid in August, 1991.
A liquidator was appointed to wind up the affairs of the company on 19 June, 1991.
All revenue non-preferential claims have been submitted to the liquidator, apart from Value Added Tax, which liability is now in the process of being agreed with the Inspector of Taxes at Dundalk District, Earl Street, Dundalk.
There appears to have been a misunderstanding as to what returns were required from the liquidator to enable the Inspector to agree the liabililty. This has now been resolved.
