- Revenue has updated the Tax and Duty Manual regarding the confidentiality of taxpayer information
- The updated guidance addresses the authorised disclosure of taxpayer information in the context of Joint Audits carried out by Revenue officials in conjunction with nominated officials from other EU Member States
- Section 891L TCA 1997, introduced by Finance (No. 2) Act 2023, implemented article 12a of DAC7
- A joint audit is an administrative inquiry conducted by Revenue and the competent authority of another Member State when linked to a person of common or complimentary interest in both jurisdictions
- Revenue confirmed at a recent meeting that the joint audit process is outside the scope of the Compliance Intervention Framework.
Source: charteredaccountants.ie
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.
