This is a short monthly note to let you know what's been updated on www.taxworld.ie in March 2023:

Questions answered

• 77 new questions and answers in the members area

Revenue ebriefs

• 084/23 : Guidelines Exchange of Information between the CEA and the Revenue
• 083/23 : Dependent Relative Tax Credit
• 082/23 : Gains and losses on Foreign Currencies for corporation tax purposes  
• 081/23 : Offshore Funds: Taxation of Income and Gains
• 079/23 : Filing Guidelines for Foreign Account Tax Compliance Act (FATCA)
• 078/23 : Stamp Duty Manual - Section 80: Reconstructions or Amalgamations of Companies
• 077/23 : Share Schemes - Chapter 2 - Restricted Stock Units (RSUs)
• 076/23 : Stamp Duty Manual Part 9 - Section 126AA Bank Levy - updated
• 075/23 : 38-03-33 - Reportable Benefits
• 074/23 : Staff awards
• 073/23 : Capital Acquisitions Tax Manual - Part 24 Dwelling House Exemption
• 072/23 : Controlled Foreign Company Rules
• 071/23 : The Provision of Preferential Loans has been updated  
• 070/23 : Geographical Indication for Irish Whiskey and Irish Poteen Manual
• 069/23 : Examinership Caseworking Guidelines
• 068/23 : Annual average exchange rates and Lloyds sterling conversion rates
• 067/23 : Stamp Duty Tax and Duty Manual - Section 125A Health Insurance Levy - updated
• 066/23 : Stamp Duty Manual Part 10 Enforcement - Sections 127 - 13A
• 065/23 : Representative Church Body - Cost of living Accommodation Allowance
• 064/23 : High earner restriction - Part 15-02-02a
• 063/23 : Pensions Manual amended
• 062/23 : Capital Acquisitions Tax Manuals Parts 10 and 11 – updated
• 061/23 : Stamp Duty Tax and Duty Manual Part 9 - Levies
• 060/23 : TDM 04-08-11 Pre-letting Expenses
• 059/23 : Exemption in respect of Certain Payments made under Employment Law
• 058/23 : Stamp Duty Manual - section 83E updated
• 057/23 : Termination payments and Pensions Manual - Appendix V
• 056/23 : Credit through PAYE system for non-refundable foreign tax
• 055/23 : Capital Acquisitions Tax Manual - Part 12 Business Relief
• 054/23 : Exempt Unit Trust (EUT) February 2023 Filing
• 053/23 : Guidelines for using the Court process to pursue tax liabilities  
• 052/23 : Stamp Duty Manual: Section 81AA - Transfers of land to trained farmers
• 051/23 : Tax and Duty Manual 42-04-15 PAYE Refunds Failure by Employer to furnish returns
• 050/23 : Revenue eBrief: ROS – Return Preparation Facility (RPF) updated
• 049/23 : Manual on EU sanctions in response to the situation in Ukraine
• 048/23 : Payment of Preliminary Corporation Tax
• 047/23 : Employee payroll tax deductions in relation to non-Irish employments  
• 046/23 : Section 83F: Repayment of Stamp Duty Cost Rental Dwellings
• 045/23 : The Administration & Control of Tax Warehouses Manuals Parts 1, 2 & 3
• 044/23 : Updated guidelines for Temporary Business Energy Support Scheme (TBESS)
• 043/23 : C&E Tan reports available on ROS
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Appeal decisions  

• 55TACD2023 - Director loan - sale of IP to company - €600k deposit was not a loan  
• 54TACD2023 - VAT - lodgments held to be third party loans  - €61k assessment reduced to nil 
• 53TACD2023 - Stamp Duty - four year limit - s 159A  
• 52TACD2023 - €293k loan from company to director - preferential - benefit in kind - s 122  
• 51TACD2023 - EII Relief - risk finance - no business plan - not a qualifying company  
• 50TACD2023 - CAT - gift of funds in joint account -assessment upheld  
• 49TACD2023 - Income Tax & PAYE - statement of liability partly not due  
• 48TACD2023 - Anti-avoidance -s 817 - profit extraction - disposal of shares to company controlled by husband held subject to income tax not CGT - meaning of "bona fide commercial reasons"  
• 47TACD2023 - Income Tax - four year limit - s 865  
• 46TACD2023 - VAT registration correctly refused as applicant was not an accountable person and had no base in Ireland  
• 45TACD2023 - CAT - house inherited from former partner - deduction allowed for improvements made (consideration)  
• 44TACD2023 - VAT due on cancellation of election to register  
• 43TACD2023 - Income Tax - four year limit - s 865  
• 42TACD2023 - Income Tax - four year limit - s 865
• 41TACD2023 – Withdrawal of single person child carer credit (s 462B) upheld  
• 40TACD2023 – VAT - waiver cancellation adjustment (€593k) reduced to zero
• 39TACD2023 – Farm basic payment entitlements (BPS) paid (but not formally transferred) to company held to be received by individual no longer farming
• 38TACD2023 – Transborder relief (s 825A) disallowed as conditions not met
• 37TACD2023 – Round sum travel and subsistence expenses - PRSI, PAYE underpaid
• 36TACD2023 – No offset of VAT overpaid for period beyond four year limit
• 35TACD2023 – CT - tax treatment of depreciation - expression of doubt held to be genuine  
• 34TACD2023 – Partnership - PSWT - to be apportioned in profit sharing ratio