On 30 January 2015, Ireland Revenue published eBrief No. 16/15 on qualifying avoidance disclosures. According to the eBrief, taxpayers who make a qualifying disclosure and settle the tax due on tax avoidance transactions entered into on or before 23 October 2014, will be eligible for a 20% reduction in the amount of interest due, and will be exempt from certain surcharges. A disclosure must be made in writing to the Revenue Commissioners on or before 30 June 2015.
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