Revenue eBrief No.081/23 – Offshore Funds: Taxation of Income and Gains from EU, EEA and OECD member states & from certain offshore states
Revenue eBrief No.081/23 24 March 2023 Offshore Funds: Taxation of Income and Gains from EU, EEA and OECD member states & from certain offshore states The Tax and Duty Manuals (TDMs) concerning the taxation of Offshore Funds have been updated as follows: TDM Part 27-04-01 has been updated in Paragraph 2.1.1, to provide for a non-exhaustive list of general […]
Revenue seize herbal cannabis worth over €132,000 in Sligo
Revenue seize herbal cannabis worth over €132,000 in Sligo Wednesday (22/03/2023), as part of an intelligence-led operation, Revenue officers seized approximately 6.6kgs of herbal cannabis with an estimated value of over €132,000 in the Sligo area. This seizure was made as a result of a joint operation conducted by Revenue’s Customs Service, the Garda National […]
Revenue seize herbal cannabis worth over €106,000 in Waterford
Revenue seize herbal cannabis worth over €106,000 in Waterford Today (24/03/2023), as part of an intelligence-led operation, Revenue officers seized approximately 5.3kgs of herbal cannabis with an estimated value of over €106,000 in the Waterford area. This seizure was made as a result of a joint operation conducted by Revenue’s Customs Service, the Garda National […]
Revenue eBrief No.079/2023 – Filing Guidelines for Foreign Account Tax Compliance Act (FATCA)
Revenue eBrief No.079/23 23 March 2023 Filing Guidelines for Foreign Account Tax Compliance Act (FATCA) Tax and Duty Manual Part 38-03-25 – Filing Guidelines for Foreign Account Tax Compliance Act (FATCA) – has been amended as follows: Section 7.6 has been updated with guidance on the reporting of financial accounts that have no US Taxpayer […]
Revenue eBrief No.078/2023 – Stamp Duty Manual – Section 80: Reconstructions or Amalgamations of Companies
Revenue eBrief No.078/23 22 March 2023 Stamp Duty Manual – Section 80: Reconstructions or Amalgamations of Companies A new Stamp Duty Manual – Part 7: Section 80 – Reconstructions or amalgamations of companies – has been published. Section 80 of the Stamp Duties Consolidation Act 1999 provides for a stamp duty relief on the transfer of certain […]
Revenue eBrief No. 077/23 – Share Schemes – Chapter 2 – Restricted Stock Units (RSUs)
Revenue eBrief No. 077/23 22 March 2023 Update to Share Schemes Manual – Chapter 2 Share Schemes – Chapter 2 – Restricted Stock Units (RSUs) – has been updated to include additional examples and further clarification regarding the operation of real-time foreign tax credits operated through the payroll by the employer. A new Share Reporting Obligation Hub on […]
Revenue seize contraband at Rosslare Europort and in Louth worth over €617,000
Revenue seize contraband at Rosslare Europort and in Louth worth over €617,000 Yesterday (20/03/2023), as a result of routine profiling, Revenue officers seized over 28.5kgs of herbal cannabis with an estimated value of more than €570,000 at Rosslare Europort. The illicit drugs were discovered with the assistance of Revenue’s mobile X-ray scanner and detector dog […]
Revenue eBrief No.075/2023 – Returns by Employers in Relation to Reportable Benefits
Revenue eBrief No.075/23 21 March 2023 Part 38-03-33 – Returns by Employers in Relation to Reportable Benefits Tax and Duty Manual Part 38-03-33 provides information in regard to the Finance Act 2022 measures contained in section 897C of the Taxes Consolidation Act 1997 that require employers to report to Revenue details of certain payments/benefits, which are […]
Revenue eBrief No.076/2023 – Stamp Duty Manual Part 9 – Section 126AA Bank Levy – updated
Revenue eBrief No.076/23 21 March 2023 Stamp Duty Manual Part 9 – Section 126AA Bank Levy – updated Tax and Duty Manual Bank Levy Part 9 has been updated. Section 126AA of the Stamp Duties Consolidation Act 1999 provides for a levy on certain financial institutions (known as the bank levy). Section 72 Finance Act 2022 […]
Revenue seize cocaine worth over €2,400,000 at Rosslare Europort
Revenue seize cocaine worth over €2,400,000 at Rosslare Europort Last Saturday (18/03/2023), as a result of routine profiling, Revenue officers seized over 34kgs of cocaine with an estimated value of €2,404,000 at Rosslare Europort. The illicit drugs were discovered with the assistance of Revenue’s mobile X-ray scanner and detector dog Jasper, in the overhead area of […]
