Revenue published eBrief No. 4/2007 on Wednesday, 24 January on electronic refunds of corporation tax.

With effect from July 2007, payment of Corporation Tax refunds by Revenue in respect of Irish based companies will be made directly to company bank accounts and refunds by cheque will be discontinued.

Refunds will continue to be made by cheque to foreign based companies.

eBrief No. 4/2007 is reproduced at Section 2.04.