Revenue has updated the Tax and Duty Manual that provides guidance for fund administrators regarding the calculation of tax due on income and gains from investments in domestic investment undertakings and the completion of prescribed declaration forms.
The manual has been updated to make reference to the Pan-European Pension Product (PEPP) provisions introduced by section 21 Finance Act 2022. References to Approved Minimum Retirement Funds (AMRFs) have been removed, reflecting Finance Act 2021 amendments.
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updated contact information for Large Corporates Division; and
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clarification that section 189 relief does not extend to the estate of an individual upon death, who during their lifetime was entitled to section 189 relief.