Value Added Tax Consolidation Act 2010 section 85

Supplementary provisions on record

Section 85 sets out supplementary record-keeping requirements for property transactions, qualifying conferences, investment gold and call-off stock arrangements.

• Records relating to landlord's option to tax, capital goods scheme, joint options for taxation and lease assignments or surrenders must be kept in accordance with the general record-keeping rules.
• An accountable person claiming a VAT deduction for qualifying conference accommodation must retain full records of attendance, including promotional material issued by the conference organiser.
• Conference organisers must keep full and true records of each qualifying conference they organise, and traders in investment gold must keep full records of all their investment gold transactions.
• An accountable person who transfers goods to another Member State under call-off stock arrangements must keep full and true records to enable Revenue to verify the correct application of those arrangements.