Revenue has published several updated Tax and Duty manuals reflecting Finance Bill 2021 changes to the taxation of non-resident corporate landlords in receipt of Irish rental income. With effect from 1 January 2022, corporate landlords are subject to corporation tax on Irish rental income and on any gain on the disposal of an asset, the profits/gains from which are chargeable to tax under Case V of Schedule D, unless the gain arises on the disposal of development land. A gain on disposal of development land is subject to capital gains tax.