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

Formal alignment of VAT rates for electronic and hard copy publications

ECOFIN recently adopted a directive allowing the alignment of VAT rules for electronic and physical publications meaning that member states can apply reduced, super-reduced or zero VAT rates to electronic publications. Ireland has made a provision to apply the 9 percent VAT rate to certain electronic publications from 1 January 2019 under Finance Bill 2018.

The 9 percent VAT rate applies to sales of printed newspapers and the 9 percent rate is extended to books, newspapers and periodicals supplied electronically, with effect from 1 January 2019 as per section 41(b) Finance Act 2018.