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

Retention of Tax Records in Electronic Format

Revenue's eBrief No. 06/12 sets out the updated requirements for retaining records in electronic format following Revenue's publication of the Information Technology and Procedural requirements last month.

The updated requirements differ from the previous requirements (Tax Briefing 46, December 2001) in two respects:

  • It is now no longer a requirement to retain the paper originals of any third party record where an electronic copy of the original record is generated, recorded and stored in accordance with the information technology and procedural requirements as published.
  • Addition of a requirement that all electronic copies of records must be accessible to a Revenue official in paper or electronic form, the method and format of delivery to be specified by the Revenue official at the time the records are being requested.