EU VAT Gap for 2019

The EU VAT Gap for 2019 has been published, showing a decrease in the overall EU VAT Gap by almost €6.6 billion to €134 billion. The VAT Gap study records the difference between the VAT due and the actual VAT revenues generated by Member States, representing...

New VAT Committee Guidelines published

Guidelines issued by the VAT Committee pursuant to the April 2o21 meeting have been added to the VAT Committee Guidelines. The new guidelines address: The return of goods placed under call-off stock arrangements The place of supply of interactive sessions filmed and broadcasted in real time...

CFE Tax Top 5 (29 November 2021)

This week's edition of the CFE Tax Top 5 looks at the following: France to Push EU Carbon Tax During Presidency of the Council of the EU FISC Hearing: Tax Avoidance & Evasion in the Pandora Papers CFE’s 14th European Conference on Professional Affairs: Professional...

Corporate tax return e-filing deadline extended

The Commissioner for Revenue has announced that the electronic filing deadline for year of assessment 2021 income tax returns in respect of companies having a 31 December 2020 accounting year-end is being further extended to Wednesday 1st December 2021.​...

Tax and duty exemption on transfers of older, vacant properties

Further to the announcement in the Budget for 2022 of the introduction of a tax exemption on first €750,000 on transfers of certain property (property constructed over 20 years ago which has been vacant for 7 years, property in an UCA or property with traditional...

Extension of Exemptions under the Duty on Documents and Transfers Act

The Extension of Exemptions (Duty on Documents and Transfers Act) Order, 2021 (LN 460 of 2021) has revised subsidiary legislation issued under the Duty on Documents and Transfers Act, extending the application of the duty exemptions under: the exemption from Duty in terms of Article 23 Order...

Enforcement Measures to Recoup Established Duties and Taxes

The Enforcement Measures to Recoup Established Duties and Taxes Regulations, 2021 have been published under the Import Duties Act pursuant to LN 440 of 2021. The Regulations provide for the power of the Commissioner, in the event of delays in settling duties due on imported goods...

CFE Tax Top 5 (15 November 2021)

This week's edition of the CFE Tax Top 5 looks at the following: European Parliament Adopts Public Country-by-Country Reporting Legislation Carbon Trading Mechanism Agreed at COP26: World’s Climate Policy Summit Register Now: CFE Conference on “Professional Judgment in Tax Planning” on 25 November 2021 Tax Inspectors...