TaxSource Total

Here you can access summary of the key current tax developments in Ireland, the UK and internationally as reported by Chartered Accountants Ireland

The report of key tax developments are displayed per year, per month, by Ireland, the UK or International and by report title

Offshore Funds

Revenue has inserted a new instruction regarding the taxation of relevant undertaking for collective investment in transferrable securities or “UCITS” and relevant alternative investment funds or “AIFs”, in the Unit Trusts and Offshore Funds (Part 27) Tax and Duty Manual. Chapter 5, Part 27 of the Taxes Consolidation Act (TCA) 1997 deals with the tax treatment of a relevant UCITS and of a relevant AIF, as defined in section 747G TCA 1997.