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Ireland · Question · written

PQ 86

164 Deputy Brian Walsh asked the Minister for Finance his views on the proliferation of the practice of so-called phoenix businesses, whereby a company enters liquidation and quickly resumes business under the auspices of a new company in order to avoid debts; if he can quantify the amount of revenue lost as a result of this practice; and if he will make a statement on the matter. [23683/12]

askedIreland· Dáil Éireann· EN

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15 May 2012

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15 May 2012

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164 Deputy Brian Walsh asked the Minister for Finance his views on the proliferation of the practice of so-called phoenix businesses, whereby a company enters liquidation and quickly resumes business under the auspices of a new company in order to avoid debts; if he can quantify the amount of revenue lost as a result of this practice; and if he will make a statement on the matter. [23683/12]

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