Revenue eBrief No. 135/21

08 July 2021

Part 38-04-06 - Statement of Affairs in audit and investigation

Tax and Duty Manual Part 38-04-06 - Section 909 Taxes Consolidation Act 1997: Statement of Affairs in an Audit of Investigation - has been amended.

  • Section 2 has been updated to reflect the information required, per the legislation and form SA1, in cases where an asset was acquired other than a bargain at arm's length.
  • Paragraph 3.7.3 has been updated to clarify that a Statement of Affairs issued to a representative or a trustee is issued where the representative or trustee is acting for another person whose affairs are under review.