Taxes Consolidation Act 1997 section 521

Accountable persons

Section 521 defines who is an "accountable person" for the purposes of professional services withholding tax (PSWT) and how the list of such persons may be changed.

• An accountable person is a person or body listed in Schedule 13 to the TCA 1997, which includes government departments, local authorities, the Health Service Executive, authorised health insurers, and commercial and non-commercial semi-State bodies.
• Where an accountable person listed in Schedule 13 is a body corporate, any subsidiary of that body corporate that is resident in the State is also an accountable person, as is any company resident in the State that is controlled by one or more accountable persons (for example, a 50/50 joint venture between two accountable persons).
• The Minister for Finance may make regulations to add persons to, or remove persons from, the list of accountable persons in Schedule 13.
• Any such regulations must be laid before Dáil Éireann in draft and cannot take effect until a resolution approving the draft has been passed by the Dáil.