News for December, 2012

December 28, 2012

Court of Justice Fines Ireland for Environmental Violations

The Court of Justice of the European Union has imposed fines in excess of €3m against Ireland for its failure to comply with two of its previous judgments in relation to environmental law violations.

December 24, 2012

New EU VAT Rules to Commence 1 January 2013

The rules were introduced by the Directive on VAT Invoicing (2010/45/EU) with the objective of simplifying VAT invoicing for businesses by removing some of the barriers and burdens in the existing system.

December 19, 2012

Directive on Taxation Information Sharing

The Directive on Administrative Cooperation 2011/16/EU will come into effect from 1 January 2013. Its aim is to strengthen Member State powers to assess and collect taxes by facilitating better information exchange between tax authorities in different Member States.

December 12, 2012

CASE SUMMARIES: Equality Tribunal

Brady v Sunway Travel Group, Dec–E2012-003  Employment Equality Acts, ss 6 and 8 – gender and family status – maternity leave – discrimination – dismissal – redundancy – last in first out.

December 12, 2012

Current tax consultations as at week ending 7 December 2012

Julian Harris tracks current and recently closed tax consultations

December 7, 2012

TAXtv December episode now available

The final TAXtv episode of 2012 covers some of the biggest issues likely to be faced in 2013. Tim and Giles discuss the most recent changes to child benefit, the restriction of unrestricted losses and some good news on Real Time Information. The case review section includes the long awaited verdict in the Rangers EBT case and the latest stage of the Total People case.

December 4, 2012

Revenue Instructions for Compliance with Transfer Pricing Rules

The Revenue Commissioners has issued an operational manual on transfer pricing compliance.