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

Update to Country by Country Reporting (CbCR) FAQs

Revenue has updated its guidance on CbCR to include the following:

  • Step by step guide for making notifications in respect of CbCR
  • FAQs on investment funds
  • FAQs on parent surrogate filing

With regard to parent surrogate filing, Revenue accepts that where an ultimate parent entity of an Multi National Group files a CbC Report for 2016 voluntarily in its country of residence (i.e. parent surrogate filing), and provided a number of conditions are met, subsidiaries that are resident in Ireland will not be required to file an Equivalent CbC Report under the secondary reporting mechanism for that year.

The FAQs can be found on the Revenue website.