Revenue seize cocaine worth €105,000 at Dublin Airport
Revenue seize cocaine worth €105,000 at Dublin Airport Last Wednesday (05/06/2024), as a result of an intelligence-led operation, Revenue officers seized approximately 104 cocaine pellets with an estimated value of €105,000 at Dublin Airport. The illicit drugs were discovered when Revenue officers stopped and searched the baggage of a passenger who had disembarked a flight […]
Revenue seize nitrous oxide worth €647,000 at Dublin Port
Revenue seize nitrous oxide worth €647,000 at Dublin Port On Monday (03/06/2024), as a result of risk profiling, Revenue officers seized 8,640 nitrous oxide canisters with an estimated value of €342,000 at Dublin Port. The discovery was made in a consignment originating from Hong Kong which had arrived via Rotterdam and which was intended for […]
Revenue eBrief No. 160/24 – Section 481 Film Corporation Tax Credit
Revenue eBrief No. 160/24 10 June 2024 Section 481 Film Corporation Tax Credit Tax and Duty Manual Part 15-02-04 ‘Section 481 Film Corporation Tax Credit’ has been updated following the commencement of Finance Act 2022 and Finance (No. 2) Act 2023 amendments extending the operation of the incentive to 31 December 2028 and increasing the expenditure cap to […]
Revenue eBrief No. 161/24 – Taxation of Crypto-Asset Transactions
Revenue eBrief No. 161/24 10 June 2024 Taxation of Crypto-Asset Transactions Tax and Duty Manual Part 02-01-03 – Taxation of Crypto-Asset Transactions has been updated to include minor clarifications, including confirming that Central Bank Digital Currencies (CDCC) are to be treated as currency assets and not crypto assets for tax purposes.
Revenue eBrief No. 162/24 – Betting Duty Returns and Payments Compliance Procedures
Revenue eBrief No. 162/24 10 June 2024 Betting Duty Returns and Payments Compliance Procedures The Betting Duty Returns and Payments Compliance Procedures Tax and Duty Manual has been updated, as follows: Inclusion of Notice of Assessment for Excise Duty template in Appendix 4. Miscellaneous minor corrections and updates.
Revenue eBrief No. 156/24 – Registration and Filing Guidelines for DAC7 – Digital Platform Operators
Revenue eBrief No. 156/24 07 June 2024 Registration and Filing Guidelines for DAC7 – Digital Platform Operators Section 3 of Tax and Duty Manual Part 33-03-05 which provides Registration and Filing Guidelines for DAC7, has been updated to reflect information required when registering as a Foreign Platform Operator.
Revenue eBrief No. 157/24 – Natural Gas Carbon Tax Compliance Procedures
Revenue eBrief No. 157/24 07 June 2024 Natural Gas Carbon Tax Compliance Procedures The Tax and Duty Manual (TDM) Natural Gas Carbon Tax Compliance Procedures has been updated in the following sections – Paragraph 1.4.1 “National Law” now includes a link to the non-statutory consolidated version of Chapter 3, Part 3 of the Finance Act 2010 […]
Revenue eBrief No. 158/24 – Repayments and Offsets of Taxes and Duties
Revenue eBrief No. 158/24 07 June 2024 TDM 37-00-30 Repayments and Offsets of Taxes and Duties The contents of Tax and Duty Manual (TDM)Part 37-00-30a ‘Interest payable by Revenue on tax overpaid’ have been incorporated into TDMPart 37-00-30 ‘Repayment and Offsets of Taxes and Duties’. Also, the wording of section 2 of the TDM 37-00-30 […]
Revenue eBrief No. 159/24 – Solid Fuel Carbon Tax Compliance Procedures
Revenue eBrief No. 159/24 07 June 2024 Solid Fuel Carbon Tax Compliance Procedures Tax and Duty Manual TheSolid Fuel Carbon Tax Compliance Procedures Manual has been updated as follows: Paragraph 2 now reflects the rates of SFCT that came into effect from 1 May 2024, and the previous rates are included in Appendix I. In Paragraph 6.1, […]
Revenue seize herbal cannabis worth over €403,000 at Dublin Airport
Revenue seize herbal cannabis worth over €403,000 at Dublin Airport Yesterday (05/06/2024), as a result of risk profiling, Revenue officers seized approximately 20.1 kgs of herbal cannabis with an estimated value of €403,200 at Dublin Airport. The illicit drugs were discovered within the baggage of a passenger who had disembarked a flight originating from Malaysia. […]
