Court rules stamp duty on Sean Dunne's son's Walford home is €1.4m

Company had argued it was liable for only €270k on sale of Ballsbridge home, bought in 2005 for €57m in trust by Sean Dunne for his now ex-wife Gayle Killilea

Walford on Shrewsbury Rd, Ballsbridge, Dublin, which was bought in 2005 for €57m in trust by Sean Dunne for his now ex-wife Gayle Killilea. File picture

A company owned by bankrupt developer Sean Dunne's son John is liable for €1.4m in stamp duty on the 2013 sale of what was once the country's most expensive house, the High Court has ruled.

The company had argued it was liable for only €270,000 on the sale of Walford on Shrewsbury Rd, Ballsbridge, Dublin, which was bought in 2005 for €57m in trust by Sean Dunne for his now ex-wife Gayle Killilea.