Taxes Consolidation Act 1997 Schedule 2C paragraph 8

Declarations of qualifying company

Schedule 2C paragraph 8 sets out the requirements for a declaration by a qualifying company to an IREF, which allows the IREF to pay without deducting withholding tax.

• A qualifying company that holds units in an IREF may make a written declaration to the IREF to receive payments without withholding tax
• The declaration must be made and signed by the person entitled to the units, using a Revenue-prescribed form
• It must include the declarer's name, address and tax identification number, and confirm that the unit holder is a qualifying company
• The declaration must also contain any other information the Revenue Commissioners may reasonably require for the purposes of the IREF regime