Amendments have been made to the Euroclear Tax and Duty Manual following discussions between Euroclear Bank and Revenue.
The adjustments to the Euroclear Manual – Electronic Share Trading Rules, Procedures, Practices, Guidelines and Interpretations - cover the following procedures:
- Intermediary relief (Para. 2.7)
- Mark-Up (Para. 4.1)
- Stock borrowing (Para. 4.2)
- When duty is due (Para. 5.2)
- How Stamp Duty is paid (Para. 5.3)
- Refunds (Para. 6.1)
- Processing of reclaims (Para. 6.8)
- Payments (Para. 7.1).
See Revenue eBrief No.129/21 for further details.