Intent: To raise awareness of issues pertinent to the insurance sector sector including taxation.
Details: On behalf of members, to engage with the Revenue Commissioners on issues pertinent to the sector
Intent: Simplification of filing requirements for ILPs.
Details: Requested Revenue to design a relevant tax return for Investment Limited Partnerships (ILPs) to complete and file.
Intent: Ensure that the meaning of “associated entities” is consistent across Revenue guidance materials.
Details: Requested Revenue to clarify the meaning of “associated entities” in the context of partnerships and the Outbound Payment Defensive Measures. We raised a point in how the definition is discussed differently in other guidance materials.
Intent: Clarification for Irish Real Estate Funds regarding timings for tax clearance requests and refunds.
Details: Requested Revenue to provide details on the delays in obtaining withholding tax clearances and refunds for Irish Real Estate Funds.
Intent: Avoid extra uncertainty for taxpayers if the current wording regarding day-to-day tax advice is removed or amended.
Details: Requested Revenue not to remove wording relating to day-to-day tax advice in the guidance on the mandatory disclosure regime. The removal may create unnecessary uncertainty potentially expanding the scope of the rules and the reporting requirements beyond what was originally envisaged.
Intent: There should be leniency where notices of assessment are issued during periods of extended public holidays, such as during the December holiday period when offices are closed.
Details: Taxpayers are generally allowed 30 days from the date a notice of assessment is issued to make an appeal. However, when assessments are raised during certain periods, such as the December holiday period, there are less effective working days available to the taxpayer.
Intent: To achieve certainty on the treatment of grants in R&D tax credit claims.
Details: Seeking guidance from Revenue on the treatment of grants in an research and development (R&D) tax credit claim does not properly address instances where there is uncertainty as to when the grant is actually received. In many cases grants may be received after a project is completed, whereas the R&D , ...
Intent: To facilitate a better understanding of when the limits within the KEEP scheme apply.
Details: Requesting that guidance on the Key Employee Engagement Programme (KEEP) scheme to be updated to confirm that relevant limits apply only at the time of option grant.
Intent: A broad range of taxation matters are discussed at Main TALC Meetings including legislation and policy matters.
Details: Main Tax Administration Liaison Committee
Intent: A range of Direct and Capital Taxes are discussed at TALC subcommittee meetings including seeking changes to legislation and seeking to influence policy although TALC is largely a tax administration forum. It is not always possible to decouple the issues from the underlying legislation and policy.
Details: TALC Direct and Capital Taxes Meetings 1 May 2025 and 26 June 2025.
