Taxes Consolidation Act 1997 section 904I

Power of inspection: returns and collection of dividend withholding tax

Section 904I gives Revenue the power to carry out on-site audits of dividend withholding tax returns made by companies or authorised withholding agents.

• An authorised Revenue officer may enter the premises of any accountable person at reasonable times to audit their dividend withholding tax returns
• The officer may examine compliance procedures and check records to verify they are adequate and accurate
• The accountable person and employees must produce records, provide information, and give reasonable assistance to the officer
• Penalties apply for non-cooperation: €1,265 for an employee, €19,045 for the accountable person plus €2,535 per day for ongoing failure