Not sure why you have an Irish company?
VAT is an EU tax so if you are not in the EU VAT won't apply to the services from your non EU company to your Irish company.
Actually, you had it right until the very last part.
The "fair chunk" of what I'd have paid in taxes in Ireland I want to extract to the offshore jurisdiction WHERE I LIVE and where I will be running the "AirBnB or similar" business from. From that offshore company I'll pay myself a salary (and be subject to the income tax (albeit at a lower rate of income tax than Ireland) in that jurisdiction).
It's smart tax avoidance which in this case is not even morally questionable. It would be different if the structure was artificial in that I didn't live and operate the business from offshore. In fact, why would I pay tax in Ireland simply because the property is there when I don't live there or work there. If revenue wanted it that simple they would make it so. Nor could I use a structure like this without Revenue recently declaring that income from such businesses is considered trading income rather than rental income - which has put a lot of people at a disadvantage (i.e losing out on their rent a room relief). By declaring it trading income they are inviting people to incorporate and trade!
Do you think Revenue should be allowed have their cake and eat it? If it makes you feel any better, I'm already absolutely hammered on tax.
Can anyone actually answer the original legitimate question?
I don't think Revenue or anyone else has the authority to examine who I let my own property to and for how much - that's a private agreement and I'm completely entitled to do what I want with it.
I lose my CGT exemption by renting the property for commercial purposes anyway so that's where they get me and that's fine because that's the rules.
I'm not sure Revenue will be overly concerned with what you think or don't think...!
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