Ireland Issues New Tax and Duty Manual for Implementation of Electronic Professional Service Withholding Tax

Irish Revenue has issued eBrief No. 101/21 concerning a new Tax and Duty Manual Part 18-01-05a providing guidance on the implementation of electronic Professional Service Withholding Tax (ePSWT) from 1 July 2021. PSWT generally applies at a rate of 20% on payments made by "accountable persons" to "specified persons" for certain professional services, including medical services, architectural services, engineering services, accountancy services, legal services, etc. Accountable persons includ…