Revenue seize cocaine worth €4.2 million in Cork
Revenue seize cocaine worth €4.2 million in Cork Last Saturday (05/08/2023), as part of an intelligence-led operation, Revenue officers seized approximately 60kgs of cocaine with an estimated value of €4.2 million in Cork. The seizure was made as a result of a joint operation conducted by Revenue’s Customs Service and the Garda National Drugs and […]
Revenue eBrief No. 178/23 – Update to the Share Schemes Manuals
Revenue eBrief No. 178/23 04 August 2023 Update to the Share Schemes Manuals A number of updates have been made to the Share Schemes Tax and Duty Manuals. The main changes are highlighted below. Chapter 3 – Unapproved Share Options Updated section 3.6.3 – Interest on the late payment of RTSO. Inserted section 3.6.4 – Penalties for the […]
Revenue seize over 151,000 cigarettes at Dublin Port
Revenue seize over 151,000 cigarettes at Dublin Port On Tuesday (01/08/2023), as a result of risk profiling and with the assistance of detector dog Guss, Revenue officers seized 151,400 cigarettes at Dublin Port. The cigarettes have an estimated retail value of approximately €119,600, representing a potential loss to the Exchequer of over €93,600. The smuggled […]
Revenue signs contract for a new Customs Cutter vessel
Revenue signs contract for a new Customs Cutter vessel Today, 3/8/2023, Revenue signed a contract for the delivery of a new Customs Cutter. The Cutter will replace RCC Suirbhéir which is in service since 2004. The new Cutter will be built by AuxNaval, part of the Armon Group in Spain and is expected to come […]
Revenue seize herbal cannabis worth €700,000 at Dublin Airport
Revenue seize herbal cannabis worth €700,000 at Dublin Airport Yesterday (01/08/2023), as a result of risk profiling and with the assistance of detector dog Enzo, Revenue officers seized approximately 35kgs of herbal cannabis with an estimated value of €700,000 at Dublin Airport. The illicit drugs were discovered when Revenue officers stopped and searched the baggage […]
Revenue eBrief No. 176/23 – Temporary Solidarity Contribution
Revenue eBrief No. 176/23 02 August 2023 Temporary Solidarity Contribution Tax and Duty Manual 24B-01-01 – Temporary Solidarity Contribution – has been created. Council Regulation (EU) 2022/1854 of 6 October 2022 based on an emergency intervention to address high energy prices provided for the introduction of a temporary solidarity contribution by Member States. This was implemented […]
Revenue seize herbal cannabis worth €700,000 at Dublin Airport
Revenue seize herbal cannabis worth €700,000 at Dublin Airport On Friday (28/07/2023), as a result of risk profiling and with the assistance of detector dog Maggie, Revenue officers seized approximately 35kgs of herbal cannabis with an estimated value of €700,000 at Dublin Airport. The illicit drugs were discovered when Revenue officers stopped and searched the baggage of […]
Revenue eBrief No. 174/23 – Revenue Officers Entering Construction Sites
Revenue eBrief No. 174/23 31 July 2023 Revenue Officers Entering Construction Sites The following updates have been made to the Tax and Duty Manual “Revenue Officers Entering Construction Sites”: Part 3 has been updated to more closely reflect wording of Section 1078(2)(j) of the Taxes Consolidation Act 1997, and also now includes a reference to Section 1078(3) of the Taxes Consolidation […]
Revenue eBrief No. 172/23 – Guidance on the Defective Concrete Products Levy – Part 18E TCA 1997
Revenue eBrief No. 172/23 26 July 2023 Guidance on the Defective Concrete Products Levy – Part 18E TCA 1997 Revenue has published a new Tax and Duty Manual Part 18E-00-01 – Guidance on the Defective Concrete Products Levy (DCPL). Part 18E and Schedule 36 of the Taxes Consolidation Act 1997 make provision for the DCPL. The DCPL […]
Revenue eBrief No. 170/23 – Guidance on Interest Limitation
Revenue eBrief No. 170/23 25 July 2023 Guidance on Interest Limitation TDM 35D-01-01 – Guidance on the Interest Limitation Rule – has been updated as follows: Example 3.4.1 has been updated to include a scenario where a company leaves one interest group joins another. Appendix 2, which outlines updates to the guidance, has been added.
