Revenue powers
Revenue’s Tax and Duty Manual Revenue Information Powers now incorporates information previously available in Statement of Practice SP GEN-1-99 (Revenue Powers).
The manual explains Revenue powers (mainly information powers) and sets out the approach that Revenue takes to these provisions. Revenue’s powers fall into the following broad categories:
- Access to information and documents held by financial institutions;
- Access to information and documents held by other third parties (other than financial institutions);
- Access to books, records and information in the possession of the taxpayer;
- Powers relating to the verification of the returns made by financial institutions of deposit interest retention tax (DIRT);
- Miscellaneous other powers.