Revenue eBrief No. 221/25

to confirm the position that it is the employer who is responsible for submitting the tax arising on date of grant of a long option,
to provide clarification on how to provide credit through payroll on the exercise of a long option for any income tax paid on date of grant, and
to clarify the amount of a gain to be reported on the Form RSS1 in situations where an individual is only taxable in Ireland on a portion of the share option gain under a Double Taxation Agreement.

In addition, references to indexation on disposal of shares acquired pre-2003 have been removed.

Fianáin Suirbhé