Revenue’s Tax and Duty Manual Revenue Information Powers now incorporates information previously available in Statement of Practice SP GEN-1-99 (Revenue Powers).

The manual explains Revenue powers (mainly information powers) and sets out the approach that Revenue takes to these provisions. Revenue’s powers fall into the following broad categories:

• Access to information and documents held by financial institutions;
• Access to information and documents held by other third parties (other than financial institutions);
• Access to books, records and information in the possession of the taxpayer;
• Powers relating to the verification of the returns made by financial institutions of deposit interest retention tax (DIRT);
• Miscellaneous other powers.