Relevant Declaration definition
Examples of Relevant Declaration in a sentence
The Company is not required to deduct tax in respect of an Exempt Irish Shareholder so long as the Company is in possession of a completed Relevant Declaration from those persons and the Company has no reason to believe that the Relevant Declaration is materially incorrect.
Exempt Irish Shareholders in respect of whom the Company is not in possession of a Relevant Declaration will be treated by the Company as if they are not Exempt Irish Shareholders.
Irish Resident Exempt Irish Shareholders in respect of whom the Company is not in possession of a Relevant Declaration will be treated by the Company in all respects as if they are not Exempt Irish Shareholders (see below).
If the Company is not in possession of a Relevant Declaration or the Company is in possession of information which would reasonably suggest that the Relevant Declaration is not or is no longer materially correct, the Company must deduct tax on the happening of a Chargeable Event in relation to such Shareholder.
The intermediary must complete a Relevant Declaration that it is acting on behalf of a non-Irish Resident Shareholder.