Updated Protective Notification
This comes from TCA97 s811A. The section allows Revenue to form an opinion that a transaction is a tax avoidance transaction. Interest and penalties will apply unless the taxpayer makes a protective notification within the necessary timeframe.
Changes to this section in FA08 caused widespread consternation.
The updated Protective Notification is available at http://www.revenue.ie/forms/form-pn1.pdf and the updated guide on Protective Notifications is available at http://www.revenue.ie/forms/form-pn1.pdf.