Revenue eBrief No. 213/20

27 November 2020

Surcharge on undistributed income of service companies

Tax and Duty Manual Part 13-02-06 - Surcharge on undistributed income of service companies - has been updated to clarify that, for the purposes of determining income as professional or non-professional in nature, income should be considered on a client-by-client basis relative to the services provided.