Revenue issued an eBrief confirming that the concessional treatment whereby Revenue disregards presence in the State or presence in another jurisdiction for corporation tax purposes, where such presence is due to COVID-19 travel restrictions, remains valid up to 31 December 2021.

The COVID-19 information on the Revenue website has been updated to reflect that the concession remains valid up to 31 December 2021. To avail of the concession Revenue requires that the individual and the company must maintain a record of the facts and circumstances of the bona fide relevant presence in, or outside, the State. Revenue may request this as evidence that the presence resulted from COVID-19 related travel restrictions.

See Revenue eBrief No. 213/21 for further details.