Taxes Consolidation Act 1997 Schedule 2C paragraph 6

Declaration of Charity

Schedule 2C paragraph 6 sets out the requirements for a written declaration that a charity must provide to an Irish Real Estate Fund (IREF) in order to receive payments without deduction of withholding tax.

• A charity that holds units in an IREF may claim exemption from IREF withholding tax by providing a written declaration to the fund in the prescribed form.
• The declaration must confirm that the unit holder is exempt from income tax or corporation tax under section 207(1)(b) and that the units are held for charitable purposes only.
• The declaration must include the charity's name, address, and tax identification number, and must be signed by the person entitled to the units.
• The declarer must undertake to notify the IREF if the charity ceases to qualify for the exemption, and must provide any other information reasonably required by Revenue.