- Only establishments located in Ireland can now be members of Irish VAT groups.
- This change is effective immediately for new VAT groups and must be implemented by existing groups by 31 December 2026.
- The update aligns Irish VAT grouping rules with EU case law and the majority of EU Member States.
- Non-Irish head offices or branches can no longer be included in Irish VAT groups; transactions with them are now subject to normal VAT rules.
- The change particularly impacts financial services and investment management businesses with overseas branches or establishments.
Source: maples.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.
Latest Posts in "Ireland"
- ViDA and Digital Reporting: EU Developments, Open Issues, and Ireland’s eInvoicing Roadmap
- Ireland Sets Phased Rollout for Mandatory B2B E-Invoicing and Real-Time VAT Reporting
- Ireland’s eInvoicing Rollout: What VAT Modernisation Means for Your Business
- Ireland Confirms 2028 B2B E-Invoicing Mandate Timeline and Scope for Large Corporates
- Irish Government’s Flawed VAT Argument for Not Reducing Soaring Fuel Prices Amid Global Crisis
