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Revenue Ireland is almost certainly referring to a Capital Acquisitions Tax (CAT) charge on the “benefit” of free (or below-market) accommodation from the trust—not a classic employee Benefit-in-Kind (BIK) under income tax. 

Revenue Ireland is almost certainly referring to a Capital Acquisitions Tax (CAT) charge on the “benefit” of free (or below-market) accommodation from the trust—not a classic employee Benefit-in-Kind (BIK) under income tax. The provided AI overview is broadly directionally correct but … Continue reading

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