A Co Galway plant sales company was found to owe Revenue more than €106.6m following an investigation by the tax authority.
In its latest Tax Defaulters List, Revenue said LPS International Plant Ltd, which was based in Knockdoe in Claregalway, under-declared VAT to the tune of more than €46.2m.
It added almost €14.17m in interest and more than €46.2m in penalties, bringing the total owed to exactly €106,609,749.
The vast majority of that – €106,240,267 – remains outstanding, according to Revenue.
Company records show that LPS International was incorporated in November 2016, specialising in the import and export of plant machinery.
In 2023 it listed one director; Michael Leonard of Knockdoe,…