Links from Section 787AA | ||
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Act | Linked to | Context |
Taxes Consolidation Act, 1997 |
(a) the amount or value of any assets that a PEPP provider makes available to, or pays to, a PEPP saver or beneficiary or to any other person, including any annuity where the whole or part of the consideration for the grant of the annuity consisted of assets which, at the time of application of the said assets for the purchase of the annuity, were PEPP assets, shall, notwithstanding anything in section 18 or 19, be treated as a payment to the PEPP saver of emoluments to which Schedule E applies and, accordingly, the provisions of Chapter 4 of Part 42 shall apply to any such payment or amount treated as a payment, and |
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Taxes Consolidation Act, 1997 |
(a) the amount or value of any assets that a PEPP provider makes available to, or pays to, a PEPP saver or beneficiary or to any other person, including any annuity where the whole or part of the consideration for the grant of the annuity consisted of assets which, at the time of application of the said assets for the purchase of the annuity, were PEPP assets, shall, notwithstanding anything in section 18 or 19, be treated as a payment to the PEPP saver of emoluments to which Schedule E applies and, accordingly, the provisions of Chapter 4 of Part 42 shall apply to any such payment or amount treated as a payment, and |
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Taxes Consolidation Act, 1997 |
(5) Without prejudice to the generality of subsection (4), the circumstances in which a PEPP provider shall, for the purposes of this Chapter, be treated as making assets of a PEPP (including a vested PEPP within the meaning of section 790D(1)) available to an individual shall include the use of those assets in connection with any transaction which would, if the assets were assets of an approved retirement fund, be regarded under section 784A as giving rise to a distribution for the purposes of that section and the amount to be regarded as made available shall be calculated in accordance with that section. |
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Taxes Consolidation Act, 1997 |
(9) Notwithstanding subsection (1), where assets of a PEPP are treated under subsection (4) or subsection (6) as having been made available to an individual, the provisions of section 784A(4) shall apply as if assets of that PEPP at the time of death of that individual were assets of an approved retirement fund. |
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Taxes Consolidation Act, 1997 |
(b) an amount transferred to an approved retirement fund in accordance with section 787AB, |
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Taxes Consolidation Act, 1997 |
(c) an amount made available to the personal representatives of the PEPP contributor in accordance with section 787AB(1), |
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Taxes Consolidation Act, 1997 |
(i) reimbursing, in whole or in part, an administrator (within the meaning of section 787O(1)) in respect of the payment by that administrator of income tax charged on a chargeable excess in respect of the PEPP contributor, or |
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Taxes Consolidation Act, 1997 |
(ii) payment by the PEPP provider of the amount, or part of the amount, of the appropriate share (within the meaning of section 787R(2A)(b)) of a non-member (within the meaning of section 787O(1)) (being the PEPP saver) of income tax charged on a chargeable excess, |
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Taxes Consolidation Act, 1997 |
(ii) payment by the PEPP provider of the amount, or part of the amount, of the appropriate share (within the meaning of section 787R(2A)(b)) of a non-member (within the meaning of section 787O(1)) (being the PEPP saver) of income tax charged on a chargeable excess, |
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Taxes Consolidation Act, 1997 |
(e) an amount made available from a PEPP, where the PEPP is a vested PEPP (within the meaning of section 790D(1)), for the purpose of— |
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Taxes Consolidation Act, 1997 |
(5) Without prejudice to the generality of subsection (4), the circumstances in which a PEPP provider shall, for the purposes of this Chapter, be treated as making assets of a PEPP (including a vested PEPP within the meaning of section 790D(1)) available to an individual shall include the use of those assets in connection with any transaction which would, if the assets were assets of an approved retirement fund, be regarded under section 784A as giving rise to a distribution for the purposes of that section and the amount to be regarded as made available shall be calculated in accordance with that section. |
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Taxes Consolidation Act, 1997 |
(6) For the purposes of subsection (9), the PEPP provider of a vested PEPP of a kind referred to in paragraph (b) of the definition of “vested PEPP” in section 790D(1) shall be treated as making the assets of the PEPP available to the PEPP contributor on the date the contributor attains the age of 75 years or, where the contributor attained the age of 75 years prior to the date of passing of the Finance Act 2022, on the date of passing of that Act. |
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Taxes Consolidation Act, 1997 |
(b) the PEPP provider shall deduct tax from the assets at the higher rate for the year of assessment in which the assets are made available unless the PEPP provider has received from the Revenue Commissioners a revenue payroll notification (within the meaning of section 983) for that year in respect of the PEPP saver. |
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Links to Section 787AA (from within TaxSource Total) | ||
Act | Linked from | Context |
Stamp Duty Consolidation Act, 1999 |
(d) a PEPP contract, within the meaning of Chapter 2D of Part 30 of the Act of 1997, in respect of a PEPP, within the meaning of that Chapter, other than a PEPP contract in respect of which a lump sum, to which paragraph (a) of section 787AA(3) of the Act of 1997 applies, has been paid or made available to the PEPP contributor; |
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Taxes Consolidation Act, 1997 |
(2)The assets that a PEPP provider shall transfer to an approved retirement fund in accordance with subsection (1) shall be the assets available in the PEPP at the time the election under that subsection is made less any lump sum the PEPP provider is permitted to pay without deduction of tax in accordance with section 787AA(3)(a). |
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Taxes Consolidation Act, 1997 |
“PEPP provider” has the same meaning as in the PEPP Regulation and includes a person appointed by the PEPP provider in accordance with section 787AA(7)(ii); |
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Taxes Consolidation Act, 1997 |
(20)Subsection (2) of section 787AA shall apply in respect of any income tax deducted from an excess lump sum by virtue of subsection (3) of this section, by an administrator of a relevant pension arrangement of a kind described in paragraph (vii) of the definition of “relevant pension arrangement” in subsection (1)(a) of this section, as it applies to income tax referred to in subsection (2) of section 787AA. |
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Taxes Consolidation Act, 1997 |
(20)Subsection (2) of section 787AA shall apply in respect of any income tax deducted from an excess lump sum by virtue of subsection (3) of this section, by an administrator of a relevant pension arrangement of a kind described in paragraph (vii) of the definition of “relevant pension arrangement” in subsection (1)(a) of this section, as it applies to income tax referred to in subsection (2) of section 787AA. |
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Taxes Consolidation Act, 1997 |
(i) assets being made available from a PEPP, being assets of a kind referred to in section 787AA(3); |
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Taxes Consolidation Act, 1997 |
(j) the circumstances set out in section 787AA(4)(a) in which a PEPP provider is treated as making assets of a PEPP available to an individual; |
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Taxes Consolidation Act, 1997 |
(a) a PEPP in respect of which assets of the PEPP have been made available to, or paid to, the PEPP contributor or to any other person, by the PEPP provider, other than assets of a kind referred to in paragraphs (b), (c) and (d) of section 787AA(3), and for the purposes of this definition the provisions of subsections (4) and (5) of section 787AA shall apply, or |
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Taxes Consolidation Act, 1997 |
(a) a PEPP in respect of which assets of the PEPP have been made available to, or paid to, the PEPP contributor or to any other person, by the PEPP provider, other than assets of a kind referred to in paragraphs (b), (c) and (d) of section 787AA(3), and for the purposes of this definition the provisions of subsections (4) and (5) of section 787AA shall apply, or |
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Taxes Consolidation Act, 1997 |
(4) Subject to the other provisions of this section, the specified amount shall for the purposes of subsections (3) and (7)(b) of section 784A or, as the case may be,
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