- A marketing company has won a €2.55 million VAT repayment battle against the Revenue Commissioners, who initially rejected the firm’s claims for VAT repayments from 2016 to 2020. The Tax Appeals Commission (TAC) ruled that the Revenue’s refusal was incorrect.
- Commissioner Clare O’Driscoll determined that the Revenue must repay the firm for input VAT related to its economic activities during the specified periods and also for non-economic activities linked directly to output transactions, pending a detailed apportionment exercise to establish the exact amounts owed.
- The ruling referenced the EU Principal VAT Directive and highlighted the need for a detailed assessment to determine the VAT repayment, which could potentially lead to further proceedings in the High Court, as the TAC has been asked to seek the court’s opinion on the case.
Source RTE.ie
Latest Posts in "Ireland"
- Ireland Issues EU VAT SME Scheme Guidance for Small Businesses
- Ireland’s ViDA Roadmap: Phased Rollout of E-Invoicing & Real-Time VAT Reporting
- Government Delays Hospitality VAT Cut to July 2026 Due to High Cost
- Ireland Releases E-Invoicing Roadmap for EU VAT Digital Age Requirements by 2030
- Ireland Announces Phased VAT Digital Rollout for EU ViDA Compliance by 2030