Tax appeals body seeing ‘ever more complex’ cases coming before it

The Tax Appeals Commission dealt with issues tied to almost the full gamut of tax law last year. Photograph: Joe St Leger

The TAC, said it resolved 1,521 appeals during the year worth close to €1.4 billion which was consequently released to the exchequer or back into the economy. That compared to 2,661 appeals closed in 2022 worth €605 million. At the same time, the number of open appeals before the commission fell to 1,139 from 1,502 from 12 months earlier. The appeals on hand involve disputes worth about €519 million, down from €1.

Overall, the commission issued 175 determinations representing a value of €409 million in dispute and scheduled 411 hearings at a combined value representing €1.4 billion. Some 933 appeals with about €424 million at stake remained open at the end of 2023, the TAC said. The appeals covered almost the entire gamut of tax law, including income tax, VAT, capital gains, capital acquisition, corporation tax and vehicle registration tax as well as customs charges and tariffs.

Ireland Latest News, Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Report suggests suspending tax veto to tackle EU market ‘distortion’EU report proposing measure to tackle ‘aggressive tax planning’ or tax avoidance
Source: IrishTimesBiz - 🏆 6. / 77 Read more »

Consumers to pay more as carbon tax increasesThe rate of carbon tax will increase today with consumers of carbon fuels set to pay more for such products.
Source: rtenews - 🏆 1. / 99 Read more »

Britain’s Next keeps profit guidance after first-quarter sales riseClothing retailer expects pre-tax profit of £960m
Source: IrishTimes - 🏆 3. / 98 Read more »

Decision that 'ruined' Tiger Woods' career stopped him becoming 'greatest ever'Tiger Woods has 15 major titles to his name, however fellow great Gary Player believes he could have won as many as 22 if it was not for one key career mistake
Source: IrishMirror - 🏆 4. / 98 Read more »

Revenue to remain open for warehoused tax payment plans until FridayMore than 8,600 businesses have set up payment arrangements so far
Source: IrishTimes - 🏆 3. / 98 Read more »

Brian Cox says the Bible is one of the worst books everIt's man stuff
Source: JOEdotie - 🏆 31. / 51 Read more »