Revenue Note for Guidance

The content shown on this page is a Note for Guidance produced by the Irish Revenue Commissioners. To view the section of legislation to which the Note for Guidance applies, click the link below:

Revenue Note for Guidance

Schedule 2C

[Sections 739B, 739K and 739U]

Irish Real Estate Funds: Declarations

Section 739K(1) defines a specified person for the purposes of Chapter 1B. A number of persons are specifically excluded from being specified persons provided that the appropriate declaration form has been provided to the IREF immediately before the IREF taxable event. This Schedule sets out the details of the declarations that must be furnished by such persons in order to avoid the deduction of tax on payments to them by such a IREF.

The details of the required declarations differ slightly depending on the category of the entity involved, viz —

  • par 2 pension scheme
  • par 4 investment undertaking
  • par 5 company carrying on life business
  • par 6 charity
  • par 7 credit unions
  • par 8 qualifying company
  • par 9 qualifying intermediaries regarding Approved Retirement Fund (ARF) or Approved Minimum Retirement Funds (AMRF)
  • par 10 PRSA administrator regarding PRSAs and vested PRSAs
  • par 11 qualifying intermediaries regarding certain specified persons in section 739K(1)

Relevant Date: Finance Act 2021