Revenue eBrief No. 319/24
13 December 2024
Exemption of certain profits arising from production, maintenance and repair of certain musical instruments
Tax and Duty Manual Part 07-01-43 provides guidance on the income tax exemption of certain profits arising from production, maintenance and repair of certain musical instruments.
This manual has been updated to reflect an amendment in Finance Act 2024 which provided for Commission Regulation (EU) 2023/2831 of 13 December 2023 on the application of Articles 107 and 108 of the Treaty on the Functioning of the European Union to de minimis aid.