Tonnage and kilowatts: the finicky and lengthy dispute between a fisherman and Revenue
In one of its first determinations published this year, the Tax Appeals Commission decided on whether a fisherman was entitled to reclaim VAT paid out during the course of his assets being sold through a receiver.
11th Jan, 2023 - 4 min read
Zero rate, retrofits and medicines: Tax officials’ bold billion-euro Vat scenarios
Vat is second only to income tax when it comes to filling the state’s coffers. The sheer volume of money involved means small changes can make a big difference, the Tax Strategy Group’s papers show.
12th Aug, 2022 - 5 min read
A €45m rent-a-CEO Vat dispute: Medtronic unit and Revenue square up in High Court
For years, the Irish-headquartered medical supplier Covidien outsourced core functions to the US without paying Vat on transactions including preparations for its acquisition by Medtronic. The company’s successful tax appeal is now going down the legal route.
9th Aug, 2022 - 2 min read
How a “purely artificial” licensing agreement on 198 house sales fell foul of the tax authority, and the Irish courts
Tyrrelstown broke the mould for high density developments in Celtic Tiger Dublin. But an unusual sales arrangement fell foul of a Revenue assessment. Nearly two decades on after multiple appeals, the Vat bill looks set to stick.
19th Apr, 2022 - 4 min read
Inside Revenue’s battle with Swiss drug giant Novartis
The Irish tax authority has initiated a legal action against Novartis, a Swiss pharmaceutical multinational with major operations in Ireland. But why is Revenue targeting the company, and how much is at stake?
15th Sep, 2021 - 3 min read
A Vatful of drugs: The tax implications of an €8m pharma rebate row
After The Currency exposed the volume deals struck by a medicine manufacturer with private hospitals and health insurers, our tax expert explores the ramification of the Vat dispute they triggered.
6th Aug, 2021 - 6 min read
A question of control: Is a doctor providing services to a patient or to his own company?
Revenue have long argued that when a doctor operates through a company, it is not longer vat exempt. However, a new case has contradicted this – a move that will have massive implications for thousands of doctors and dentists around the country.
16th Jun, 2020 - 5 min read
“Corporate business is dead”: Coronavirus lockdown eats away at restaurants, hotels and retail
Hotels and restaurants are looking for answers and help from the government as they face yet another challenge, with many dining venues already struggling to stay open. This time, it comes in the form of the global pandemic known as Covid-19.