Value-Added Tax Consolidation Act 2010
Transfer of intangible business assets deemed not to be supply of services.
[VATA s. 5(8)]
(2) The transfer of goodwill or other intangible assets of a business, in connection with the transfer of the business or part thereof (even if that business or that part thereof had ceased trading), or in connection with a transfer of ownership of goods in accordance with section 20(2)(c) , by—
( a) an accountable person to a taxable person who carries on a business in the State, or
( b) a person who is not an accountable person to another person,
shall be deemed, for the purposes of this Act, not to be a supply of services.