835AAM Interest group reporting

Summary

This section sets out the reporting requirements of interest groups.

Details

(1) An interest group must appoint a member of the group to be the reporting company. That member must be a chargeable person within the meaning of Part 41A.

(2) The reporting company must make a return on behalf of the interest group on or before the specified return date in the form specified by the Revenue Commissioners.

(3) The return may include the following in respect of the interest group and an accounting period of the interest group:

the name and tax reference number of each member of the group, EBITDA, allowable amount, exceeding borrowing costs, disallowable amount and its allocation amongst the members, total spare capacity and its allocation amongst the members, amounts carried forward from prior accounting periods and its allocation amongst the members, details in relation to the group ratio or equity ratio election and whether payments for reliefs have been made or received, including the amount of the payment.

Relevant Date: Finance Act 2021