Irish Revenue has issued eBrief No. 113/22, announcing the publication of a new Tax and Duty Manual to provide guidance with regard to the VAT treatment of depositary services and global custody services provided in respect of an Irish special investment fund.
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Introduction
This manual sets out the VAT treatment of depositary services and global custody services provided in respect of an Irish special investment fund.
1 Depositary and Global Custody Services
An Irish regulated in…