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Revenue Watch monitors and reports on the current focus of Revenue's attention. This issue includes a feature on recent Revenue audit activity and also an update on the latest goings-on in the Revenue's Large Case Division .

Enda Jordan
Director Corporate Tax Services


Revenue Investigation - Life Assurance Products

At the time of writing, the first milestone in the Revenue investigation on undisclosed funds invested in single premium investment products (SPIPs) has passed. The deadline was 23 May 2005 for the lodgement of the notice of intention to disclose. [ read more ]


Ireland — Cross-border Employees' Taxation of Options and Taxation of Restricted Stock Awards
The Irish Revenue Commissioners are currently in the process of drafting a Statement of Practice and possibly new legislation to deal with the taxation of Restricted Stock Awards. [ read more ]


Compliance Framework Document
Companies whose tax affairs are managed by the Revenue's Large Case Division (LCD) are likely to be faced with the prospect of being asked to 'sign up' to the 'Compliance Framework Document'.
[ read more ]


VAT Audit Update
Current Revenue attention turns to the motor industry and increased use of computer systems auditors. [ read more ]


 

 

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email - tax.watch@ie.ey.com