Taxes Consolidation Act 1997 Schedule 2A, paragraph 7

Declaration to be made by charity

Paragraph 7 of Schedule 2A sets out the requirements for the written declaration that a charity must provide in order to receive relevant distributions without deduction of dividend withholding tax (DWT).

• A charity beneficially entitled to relevant distributions must provide a written declaration to the company making the distribution in order to receive those distributions without deduction of DWT.
• The declaration must be signed by the person beneficially entitled, made on a Revenue-prescribed form, and must confirm that the recipient is a qualifying charity at the time of the declaration.
• The declaration must include the charity's name and address, confirm that the distributions will be applied for charitable purposes only, and that the charity is recognised by Revenue as established for charitable purposes.
• The declarer must undertake to notify the distributing company in writing if the charity ceases to qualify, and must provide any other information Revenue may reasonably require.