S.I. No. 147/2010 - Finance Act 2010 (Section 133 (1)) (Commencement) Order 2010.
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Notice of the making of this Statutory Instrument was published in |
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"Iris Oifigiúil" of 13th April, 2010. |
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I, BRIAN LENIHAN, Minister for Finance, in exercise of the powers conferred on me by section 133 (2) of the section 133 (1) of the section 133 (1) of the sections 8 , 12 and 17 of the VAT Act 1972 . It provides for the reverse charge mechanism to apply where a taxable person who carries on a business in the State receives greenhouse gas emission allowances from another taxable person who carries on a business in the State. |
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Section 133(1) of the Finance Act transposes Council Directive 2010/23/EU of 16 March 2010 1 which amends Council Directive 2006/112/EC of 28 November 2006 2 on the common system of value added tax. Council Directive 2010/23/EU provides for an optional and temporary application of the reverse charge mechanism in relation to supplies of certain services susceptible to fraud. |
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1 OJ No. L 72, 20.03.2010, p.1 |
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2 OJ No. L347, 11.12.2006, p.1 |
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