Tax Software firm Big Red Book named on tax defaulters list and fined €465,000 by Revenue
Big Red Book, the Glenageary-based accounting software firm, was named on Revenue’s tax defaulter list and fined almost half a million euro.The Big Red Book was fined €464,568 for under-declaration of corporation tax and PAYE, USC and PRSI. This included interest amounting to €102,687, and a €83,511 penalty.
Marc O’Dwyer, its founder and chief executive, told the Business Post, the default resulted from a “clear misinterpretation around the costing of expenses”.
Source: Tech Daily Report (techdailyreport.net)
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