Tax Appeals Commission determination 103TACD2021 regarding VRT, 2021

• Administrative Decision Number: 103TACD2021
• Year: 2021
• Date: 09 June 2021
• Respondent: THE REVENUE COMMISSIONERS

103TACD2021

BETWEEN

THE APPELLANT

Appellant

v

THE REVENUE COMMISSIONERS

Respondent

DETERMINATION

Appeal

1. This appeal concerns the valuation of a vehicle for the purposes of ascertaining

the open market selling price (hereinafter referred t o as the “OMSP”) in respect of

the calculation of Vehicle Registration Tax (hereinafter r eferred to as “ VRT”). The

Appellant submitted an appeal to the Tax Appeals Commission (“the Commission”)

received on 26th February 2020.

2. On agreement of the parties, this appeal is determined without an oral hearing in

accordance with section 949U of the Taxes Consolidation Act, 1997.

Facts

3. The vehicle, the subject matter of this appeal, is a BMW Z4 2.0 E85 I Sport

Roadster with registration number . The Appellant imported the

vehicle on 29th August 2019 and registered it at the National Car Testing Service

Centre on 21st December 2019. The Appellant paid t he VRT amount of €2,072

based on a VRT rate of 30% applied to an OMSP of €6,908. In addition, the

Appellant paid a late registration fee of €236, which is not in dispute.

4. The Appellant appealed to the Revenue Commissioners (“the Respondent”) under

section 145 of the Finance Act, 2001 (as amended) on the basis that the OMSP

applied to the vehicle was overstated. Further to the appeal, the Respondent