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Taxes Consolidation Act, 1997 (Number 39 of 1997)


696K Returns

(1)In this section ‘prescribed form’ means a form prescribed by the Revenue Commissioners or a form used under the authority of the Revenue Commissioners.

(2) A company carrying on petroleum activities in a taxable field shall, in addition to the return required to be delivered under section 959I, prepare and deliver to the Collector-General on or before the specified return date, within the meaning of Part 41A, for the relevant period a full and true statement in a prescribed form of the details required by the form in respect of—

(a)the amounts constituting the aggregate of the cumulative field costs for each field,

(b)the amounts constituting the aggregate of the cumulative field gross revenue for each field,

(c)the breakdown of the amounts specified in paragraphs (a) and (b), and

(d)the amount of petroleum production tax payable in respect of each field,

and of such further particulars in relation to this Chapter as may be required by the prescribed form.

(3)A statement required under this section shall be made by electronic means and the relevant provisions of Chapter 6 of Part 38 shall apply.

(4)An officer of the Revenue Commissioners may make such enquiries or take such actions within his or her powers as he or she considers necessary for the purposes of determining the accuracy or otherwise of any details or particulars contained in the statement referred to in subsection (2).

(5)Subsection (5) of section 959I and subsections (2) and (3) of section 959O shall apply to a statement required to be delivered under this section as they apply to a return required to be delivered under Chapter 3 of Part 41A, and for that purpose a reference in those subsections to a return, other than a reference to the specified return date for the chargeable period, shall be construed as a reference to a statement under this section.

(6)Section 1052 shall apply to a failure by a person to deliver a statement under this section or the details or particulars referred to in subsection (2) as it applies to a failure to deliver a return referred to in section 1052.

(7)[2]>Section 1077E<[2][2]>Section 1077E or 1077F, as appropriate,<[2] shall apply to an incorrect statement delivered under this section as it applies to an incorrect return or statement of a kind mentioned in any of the provisions specified in column 1 of Schedule 29.




Inserted by FA15 s20. Comes into operation on 1 January 2016.


[-] [+]

Substituted by FA21 sched1(h).