- Irish Revenue Commissioners issued guidance on VAT treatment of deposits under the Deposit Return Scheme (DRS)
- Scope of DRS for deposits on specific single-use drink containers
- VAT liability when a deposit is charged on a drink product within the DRS scope
- Absence of VAT liability on deposits within the supply chain
- DRS operator is accountable for VAT on unreturned deposits
- VAT calculations for businesses and DRS operators, with examples
- VAT deductibility remains unaffected by DRS deposit treatment
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.
