Calls for investigation into alleged tax avoidance by investment company

Calls have been made for an investigation into alleged tax avoidance by an investment company that took over loans from IBRC.

The US investment firm, which bought more than 1,500 mortgages from IBRC at a discount, is now evicting struggling families from their homes while at the same time avoiding tax here, it has been claimed in the Dáil.

Calling for a probe into Mars Capital, Social Democrats TD Stephen Donnelly described the company’s accounts as “a masterclass in tax avoidance”.