Taxes Consolidation Act 1997 Schedule 18B paragraph 30

Duty to notify Revenue Commissioners of group changes

Paragraph 30 requires a tonnage tax company to notify the Revenue Commissioners in writing when it joins or leaves a group.

• A tonnage tax company must give written notice to Revenue of any change in its group membership.
• The obligation applies both when the company joins a group and when it leaves a group.
• The notice must be given within 12 months of the date on which the change in group membership occurred.
• Failure to give the required notice is an offence subject to the penalties listed in column 2 of Schedule 18.