Tax and Duty Manual Part 05-05-29 outlines the provisions of Section 127B Taxes Consolidation Act (TCA) 1997.
The section provides for the taxation (under Schedule E) of employment income arising to a flight crew member in respect of an employment exercised aboard an aircraft operated in international traffic where the place of effective management of the enterprise operating the aircraft is in this State.
The Manual has been updated to include:
- information on the recent changes to the OECD Model Tax Convention on Income and Capital
- detailed examples of how the charge to Irish income tax may be relieved under the terms of a relevant Double Taxation Agreement
- updated rates of Universal Social Charge (USC) for 2018
- enhanced worked examples which demonstrate how the section works from a practical point of view.
(Source: Revenue)
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