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Ireland Issues Guidance on Introduction of Electronic Professional Service Withholding Tax

|Approved Changes|Ireland
Ireland

Irish Revenue has published guidance regarding the electronic Professional Service Withholding Tax (ePSWT) solution that is planned to be introduced from 1 July 2021. PSWT generally applies at a rate of 20% on payments made by “accountable persons” to "specified persons" for certain professional services, including medical services, architectural services, engineering services, accountancy ser…

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