Third Party Returns – Time Limits – Offshore Settlements

In order to facilitate return compliance requirements under section 896A of the Taxes Consolidation Act 1997 in relation to settlements involving non-resident trustees, the time limits for delivery of returns [Form 8-S] are extended as follows:

• in the case of a settlement made in the 5 year period between 24 December 2003 and 23 December 2008 the time limit for delivery is extended to 1 September 2009.
• in the case of a settlement made in the period between 24 December 2008 and 30 April 2009 the time limit for delivery is also extended to the same date i.e. 1 September 2009.

In the case of a settlement made on or after 1 May 2009 the return is due within 4 months of the making of the settlement.

The Third Party return [Form 8-S] should be sent to:

Office of the Revenue Commissioners,
Special Projects Team,
5th Floor,
Lansdowne House,
Lansdowne Road,
Ballsbridge,
Dublin 4.

Alternatively, the return may be sent electronically by secure email to specialprojects@revenue.ie.