Where an Investment Undertaking has availed of the ‘de minimus limit’ rules and has elected not to apply Investment Undertaking Tax (IUT)/Exit Tax on the happening of an 8 year deemed disposal for certain unit holders, it is required to file a Form IU(3e) by 31 March in the year following the year of assessment disclosing  certain details of the relevant unit holders. 

The Revenue Commissioners has advised that they are extending the deadline for the filing of the Form IU(3e) from 31 March 2020 to 30 June 2020 due to the impact of COVID-19. They have released the following statement: 

In order to assist with difficulties arising from the impact of COVID19 regarding certain compliance and filing obligations Revenue are extending the deadline for Form IU(3e) to 30 June 2020.
 

Contributed by Laura Ellen Ford