Revenue has published IT34, a new Information Leaflet setting out the qualifying conditions and procedures for claiming relief under the Foreign Earnings Deduction. An example illustrating the operation of the relief is also included in IT34. The Foreign Earnings Deduction is a tax deduction available for the tax years 2012, 2013 and 2014, for employees who carry out part of the duties of their employment in Brazil, Russia, India, China or South Africa (each of these countries is known as a “relevant state”) may claim a tax deduction known as the Foreign Earnings Deduction. This deduction is provided for under section 823A of the Taxes Consolidation Act 1997 and was introduced by Finance Act 2012 as a way of supporting Irish businesses expanding into these markets.