<Monetary threshold for LF preparation>

• ​Applicable if the entity is a member of an MNE group with consolidated revenue of EUR 50 million or more in the chargeable period.

<Preparation deadline>

• By the due date for filing the company’s tax return, which is typically 9 months after the end of the chargeable period.

<Submission deadline>

• Within 30 days of a request by the tax authority.

<Language>

• English or Irish

<Penalty>

• Failure to submit LF may result in penalties of up to EUR 25,000 plus EUR 100 for each day the failure continues.

  • Reference: Section 27 of the Finance Act 2019