Updated Revenue guidance and practice note
The Law Society Taxation Committee points practitioners to the updated Revenue guidance on requests for clearance on the disposal of land and buildings by non-resident vendors (TDM Part 45-01-05).
A new Taxation Committee practice note has issued in tandem with this updated guidance.
Disposals
The practice note addresses, inter alia, disposals of property for a non-resident vendor where there is a secured charge and disposals where the solicitor is not possessed of funds, and includes a number of recommendations.
You can access the new practice note here.