Taxes Consolidation Act 1997 Schedule 2, paragraph 24

Conditions for relief

Paragraph 24 of Schedule 2 empowers the Revenue Commissioners to attach conditions when granting relief to paying agents, to ensure that income tax on interest, dividends or other annual payments is properly assessed and paid.

• Revenue may impose conditions when granting relief under paragraph 23 to paying agents.
• The conditions must relate to ensuring the correct assessment and payment of income tax.
• The tax covered includes that arising on interest, dividends or other annual payments under the Income Tax Acts.
• Revenue has discretion to prescribe whatever conditions it considers necessary for this purpose.