The Tax and Duty manuals on Revenue Information Powers and the Schedule of Revenue Powers have recently been updated to provide additional clarifications and to outline Revenue’s approach in exercising the relevant legislative powers.
The guidance on Information Powers outlines that Revenue will notify a taxpayer in writing where a notice has been issued to a third party under section 902 TCA 1997 or to a financial institution under section 906A TCA 1997.
The guidance on the schedule of Revenue powers now includes a reference to section 109A VAT Consolidation Act 2010 which empowers Revenue to require a taxable person who is not established in the EU to appoint an EU‑established tax representative. That representative will be responsible for the payment of any VAT arising from the supplies made by the taxable person within the State.
LOADING...