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

New Electronic System for Monitoring Movement of Excise Goods

With effect from 1 April 2010, a new electronic system for monitoring and controlling the movement of excise goods (alcohol, tobacco and energy products) within the EU came into operation. According to the EU Commissioner for Taxation, Algirdas Šemeta the Excise Movement and Control System (EMCS) will make intra-EU trade in excise goods cheaper and simpler for operators, while also making it quicker and easier for Member States to tackle excise fraud. Further information on the EMCS system can be accessed at http://ec.europa.eu/taxation_customs/taxation/excise_duties/circulation_control/index_en.htm