Section 61 Dividends entrusted for payment in the State
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Where dividends to which this Chapter applies are entrusted to any person in the State for payment to any persons in the State-
(a) the dividends shall be assessed and charged to tax under Schedule D by the Revenue Commissioners, and
(b) Parts 1, 4 and 5 of Schedule 2 shall extend to the tax to be assessed and charged under this section.
What responsibilities do I have as a bank or paying agent in the Republic of Ireland?
If you are a bank or other paying agent in the Republic of Ireland, and you are entrusted with the payment of foreign dividends you are assessable under Schedule D, and the Schedule C collection rules (Schedule 2) apply: you must deduct tax at source...
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