| Links from Section 511 | ||
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| Act | Linked to | Context |
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2003 |
(i) the date on which the participant ceases to be an employee or director of a relevant company by reason of injury or disability
or on account of his or her being dismissed by reason of redundancy (within the meaning of the
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Redundancy Payments Act, 1967 |
(i) the date on which the participant ceases to be an employee or director of a relevant company by reason of injury or disability
or on account of his or her being dismissed by reason of redundancy (within the meaning of the
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|
Social Welfare Consolidation Act 2005 |
(ii) the date on which the participant reaches pensionable age (within the meaning of section 2 of the
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Social Welfare Consolidation Act 2005 |
(II) has reached pensionable age (within the meaning of section 2 of the
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Social Welfare Consolidation Act 2005 |
(II) has reached pensionable age (within the meaning of section 2 of the
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Social Welfare Consolidation Act 2005 |
(ii) the date on which the participant reaches pensionable age (within the meaning of section 2 of the
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|
Social Welfare Consolidation Act 2005 |
(II) has reached pensionable age (within the meaning of section 2 of the
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Social Welfare Consolidation Act 2005 |
(II) has reached pensionable age (within the meaning of section 2 of the
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|
Taxes Consolidation Act, 1997 |
(c) directing the trustees to accept an offer of cash, with or without other assets, for his or her shares if the offer forms part of a general offer made to holders of shares of the same class as his or her shares or of shares in the same company and made in the first instance on a condition such that if it is satisfied the person making the offer will have control (within the meaning of section 11) of that company, or |
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Taxes Consolidation Act, 1997 |
(4) No scheme shall be approved of as is mentioned in section 510(3) unless the Revenue Commissioners are satisfied that, whether under the terms of the scheme or otherwise, every participant in the scheme is bound in contract with the company concerned— |
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Taxes Consolidation Act, 1997 |
(3) Subject to section 515(4), for the purposes of the provisions of this Chapter charging an individual to income tax under Schedule E by reason of the occurrence of an event relating to any of the individual’s shares, any reference to the appropriate percentage in relation to those shares shall be determined according to the time of that event, as follows— |
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Taxes Consolidation Act, 1997 |
(7) If in breach of his or her obligation under subsection (4)(b) a participant assigns, charges or otherwise disposes of the beneficial interest in any of his or her shares, the participant shall as respects those shares be treated for the purposes of this Chapter as if, at the time they were appropriated to him or her, he or she was ineligible to participate in the scheme, and section 515 shall apply accordingly. |
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Taxes Consolidation Act, 1997 |
(a) directing the trustees to accept an offer for any of his or her shares (in this paragraph referred to as “the original shares”) if the acceptance or agreement will result in a new holding (within the meaning of section 584) being equated with the original shares for the purposes of capital gains tax, |
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| Links to Section 511 (from within TaxSource Total) | ||
| Act | Linked from | Context |
|
Taxes Consolidation Act, 1997 |
(1) On the application of a body corporate (in this Schedule referred to as “the company concerned”) which has established a profit sharing scheme which complies with subparagraphs (3) and (4), the Revenue Commissioners shall, subject to section 511, approve of the scheme— |
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|
Taxes Consolidation Act, 1997 |
(a) a participant is in breach of any of his or her obligations under paragraphs (a), (c) and (d) of section 511(4), |
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|
Taxes Consolidation Act, 1997 |
(1) The trust instrument shall contain a provision prohibiting the trustees from disposing of any shares, except as mentioned in paragraphs (a), (b) or (c) of section 511(6), during the period of retention (whether by transfer to the participant or otherwise). |
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Taxes Consolidation Act, 1997 |
(b) by a transaction which would not involve a breach of the participant’s obligation under paragraph (c) or (d) of section 511(4). |
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|
Taxes Consolidation Act, 1997 |
(a) subject to any direction referred to in section 513(3), to pay over to the participant any money or money’s worth received by them in respect of, or by reference to, any of the participant’s shares, other than money consisting of a sum referred to in section 511(4)(c) or money’s worth consisting of new shares within the meaning of section 514, and |
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Taxes Consolidation Act, 1997 |
“the appropriate percentage”, in relation to any shares, shall be construed in accordance with section 511(3); |
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Taxes Consolidation Act, 1997 |
“the period of retention” has the meaning assigned to it by section 511(1)(a); |
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Taxes Consolidation Act, 1997 |
“the release date” has the meaning assigned to it by section 511(2); |
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Taxes Consolidation Act, 1997 |
(5) Notwithstanding anything in the approved scheme concerned or in the trust instrument or in section 511, for the purposes of capital gains tax a participant shall be treated as absolutely entitled to his or her shares as against the trustees. |
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Taxes Consolidation Act, 1997 |
(2) Where this section applies, then, notwithstanding section 511— |
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Taxes Consolidation Act, 1997 |
(ii) in any other case, on the day following the end of a period which, when added to the holding period, forms a period of 2 years, or, if it is earlier, on the date referred to in subparagraph (i), (ii) or (iii), as the case may be, of section 511(1)(a), |
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Taxes Consolidation Act, 1997 |
(a) a disposal of shares within subsection (2) is a transfer to which section 511(4)(c) applies, |
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Taxes Consolidation Act, 1997 |
Where in connection with a direction to transfer the ownership of a participant’s shares to which paragraph (c) of section 511(4) applies the trustees receive such a sum as is referred to in that paragraph— |
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