VAT regulations - minor amendments
01 July 2010
The Minister for Finance has made regulations to amend the VAT Act, arising from minor errors and omissions in the European Communities (Value-Added Tax) Regulations 2009 (No. 520 of 2009). The Regulations amend Sections 8, 10 and 12 of the VAT Act by inserting cross-references to underpin the normal reverse charge rules for certain services received from abroad. In the case of taxpayers who failed to apply the reverse charge rule since 1 January 2010 on the services in question, the liability for VAT on those services is deemed to arise in the May/June 2010 taxable period. Some other small amendments regarding VIES were made. Access the eBrief and the regulations here