Revenue has published a Tax and Duty Manual outlining the process for representatives acting on behalf of non-resident vendors who dispose of Irish specified assets and who must request clearance from Revenue to distribute the sales proceeds. The new process applies from 24 October 2022 and will be subject to ongoing review by Revenue.
The new manual details how the clearance request should be submitted, and the necessary documentation that must accompany a valid clearance request. Further information is available in eBrief no.192/22