Emma Galvin, Director, VAT, and Lee Kavanagh, Assistant Manager, Financial Services Tax, recently contributed to the May 2023 edition of Finance Dublin's Irish Tax Monitor. Emma outlines influence of a number of recent developments in VAT and Digital Services, including the European Commission’s recently published working paper on the VAT treatment of non fungible tokens (NFTs) and a Court of Justice of the European Union ruling (CJEU, C-695/20), and Lee sheds some light on the background of the Revenue Commissioners recently updated rules concerning the treatment of certain unit trusts.
Read their full commentary below.