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

Institute Issues Interim Guidance on the Tax Consequences of the New Work in Progress Valuation Rules

The Accounting Standards Board (ASB) issued UITF (Urgent Issues Task Force) Abstract 40 (UITF 40) which is effective for accounting periods ending on or after 22 June 2005. The application of the new rules can have tax consequences, and these are discussed in the guidance note, reproduced in full at Section 2.08.