817Y. Reporting

(1) In this section—

“chargeable period” has the meaning assigned to it by section 959A;

“specified return date for the chargeable period” has the meaning assigned to it by section 959A.

(2) Every company who makes a payment of interest or a royalty, or makes a relevant distribution to—

(a) an associated entity that is resident in a specified territory and is not resident in another territory that is not a specified territory, or

(b) a permanent establishment of an associated entity which is situated in a specified territory,

in a chargeable period shall, in the return required to be delivered under Chapter 3 of Part 41A, provide the following details in respect of each payment or distribution—

(i) the amount of the payment or distribution,

(ii) the amount of tax withheld on the payment or distribution, and

(iii) the territory where the entity or permanent establishment is resident, or situated, as the case may be.