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Home / Business and Economy / Restaurant Chain Seized for $2.2 Million Tax Debt

Restaurant Chain Seized for $2.2 Million Tax Debt

8 Dec

•

Summary

  • Swifty's Pub locations were seized by NY Tax authorities.
  • The owner, Dave Swift, reportedly owes $2.2 million in taxes.
  • Seizure stems from 15 warrants dating back to 2016.
Restaurant Chain Seized for $2.2 Million Tax Debt

The popular restaurant chain Swifty's Pub experienced a sudden and unexpected closure of its three locations on December 4th. Patrons were met with signs from New York Tax authorities, revealing the establishments had been seized. This drastic action is reportedly due to significant tax delinquencies owed by the owner, Dave Swift.

According to reports, the total amount owed by Swift stands at $2.2 million. This debt is linked to multiple warrants issued by the State Department of Taxation and Finance, with the earliest dating back to 2016. The warrants specifically target unpaid sales and withholding taxes, indicating a long-standing financial issue for the restaurant chain.

While the owner has not issued a personal statement regarding the tax problems, Swifty's official Facebook page posted a brief apology for any inconvenience caused to its customers. The unexpected closure leaves fans without a final chance to dine or say goodbye, marking a stark end for the eatery that aimed to be a comfortable spot for families and sports fans.

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Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.
Swifty's Pub was seized by New York Tax authorities due to significant unpaid sales and withholding taxes amounting to $2.2 million.
The three locations of Swifty's Pub were seized and closed on December 4th.
Dave Swift, the owner of Swifty's Pub, reportedly owes a total of $2.2 million in back taxes.

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