On 12 June 2017 the Irish Revenue published the amended Capital Acquisitions Tax manual dealing with business relief. This involves changes to Part 12 to incorporate material from Tax Briefing No. 33 (September 1998) in relation to the treatment of debts attributable to assets that are not used for the purposes of the business concerned.
Related Posts
Ireland: Revenue updates DST tax manual
December 18, 2024
The Irish Revenue has released eBrief No. 301/24, which provides an update to the Tax and Duty Manual (TDM) Part 04-06-03, effective 5 December 2024. This update confirms Revenue's acceptance of certain Digital Services Taxes (DSTs) as deductible
Read More
Ireland: Revenue issues eBrief on VAT updates in Finance Act 2024
December 12, 2024
The Irish Revenue has released eBrief No. 297/24 on 4 November 2024 regarding the VAT Notes for Guidance under the Finance Act 2024. Interpretation (Part 3) This section defines the Principal Act as the Value-Added Tax Consolidation Act
Read More
Ireland: revenue issues vat updates on share transactions, trading platforms, and stock exchange fees
December 12, 2024
The Irish Revenue issued two updates, eBrief No. 298/24 and eBrief No. 299/24 on 5 December 2024, aimed at enhancing understanding of VAT regulations for financial activities, including share transactions, trading platforms, and stock exchange
Read More Ireland: Revenue updates guidance on pre-letting expense deduction for vacant residential properties
December 12, 2024
The Irish Revenue Commissioners issued Revenue eBrief No. 300/24 on 5 December 2024, providing updated guidance on deducting pre-letting expenses for vacant residential premises. This update reflects changes to Section 97A of the Taxes Consolidation
Read More Ireland: Revenue clarifies interest deduction restrictions for intercompany loans
December 08, 2024
The Irish Revenue Commissioners released eBrief No. 289/24 on 27 November 2024, clarifying restrictions surrounding interest deductions for intercompany loans. The update explains which subsidiary companies are no longer able to claim deductions
Read More Ireland: Revenue revises guidance on Interest Limitation Rule
December 05, 2024
Irish Revenue has published eBrief No. 292/24 updated guidance on the Interest Limitation Rule on 29 November 2024. This includes revisions to sections 8 and 9 of the guidance, reflecting changes introduced by the Finance Act 2024. In sections 8
Read More