- The Irish Revenue Commissioners released Revenue eBrief No. 299/24 on December 5
- The guidance update covers VAT for stock exchange fees, debt factoring, invoice discounting, and solicitor services
- Topics include exemptions for fees related to colocation services, primary dealers in Irish government bonds, and securities trading on Optiq
- It details what constitutes debt factoring and invoice discounting, VAT application on these, and input VAT deductibility
- The document also discusses VAT rates, registration for solicitors, and VAT treatment of legal fees for lenders
Source: news.bloombergtax.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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