AI Summary of 70. Returns.
The obligations concerning betting duty and betting intermediary duty require that individuals liable to these duties submit a true and accurate return to the Revenue Commissioners within 15 days following the conclusion of each month, or another period as determined by the Revenue authorities.
This return must detail the amount of duty that accrued during the respective period. Concurrently, the liable party is responsible for remitting any duty payable, ensuring compliance and timely payment to meet regulatory expectations.
70. Returns.
Every person liable to pay excise duty under this Chapter shall within 15 days following the end of the month or such other period as the Revenue Commissioners may determine, furnish to the officer of the Revenue Commissioners designated for that purpose a true and correct return of the amount of excise duty under this Chapter which became due by him or her during the previous month or such other period and shall at the same time remit to the Revenue Commissioners the amount of the duty, if any, payable by him or her in respect of that month or period.