Examples of Exempted Irish Investor in a sentence
Unless a Shareholder is an Exempted Irish Investor and provides a Relevant Declaration to that effect or unless the Shares are purchased by the Courts Service or the Shareholder is a corporate which has provided a declaration of its corporate status, tax at the rate of 41% will have to be deducted by the Company on distributions and gains arising to the Shareholder on an encashment, redemption, cancellation or transfer of Shares by a Shareholder.
Unitholders who are Irish Resident or Irish Ordinary Resident Unless a Unitholder is an Exempted Irish Investor and provides a Relevant Declaration to that effect or unless the Units are purchased by the Courts Service or the Unitholder is a corporate which has provided a declaration of its corporate status, tax at the rate of 41% will have to be deducted by the Manager on distributions and gains arising to the Unitholder on an encashment, redemption, cancellation or transfer of Units by a Unitholder.
The holder of Shares will not have to self-account for tax on the occasion of a taxable event if (a) the holder of Shares is neither Irish Resident nor Irish Ordinary Resident, or (b) the holder of Shares is an Exempted Irish Investor (as defined above).
Shareholders who are Irish Resident or Irish Ordinary Resident Unless a Shareholder is an Exempted Irish Investor and provides a Relevant Declaration to that effect or unless the Shares are purchased by the Courts Service or the Shareholder is a corporate which has provided a declaration of its corporate status, tax at the rate of 41% will have to be deducted by the ICAV on distributions and gains arising to the Shareholder on an encashment, redemption, cancellation or transfer of Shares by a Shareholder.
Similarly, tax at a rate of 41 per cent will have to be deducted by the Company on any gain arising to the Shareholder (other than an Exempted Irish Investor who has made a Relevant Declaration) on an encashment, redemption or transfer of Shares by a non-corporate Shareholder who is Irish Resident or Irish Ordinary Resident, or the ending of a Relevant Period in respect of such Shareholder.
To test this hypothesis, Stefanski and Boos computed parametric bootstrap p-values for Pearson’s chi-squared statis- tic in the 23 × 2 table (which is the score statistic in this example).
The results of the stochastic simulations, discussed in more detail in appendix E, suggest that trust fund exhaustion is highly probable by mid-century (see figure II.D7).
In such circumstances the Shareholder must file an Irish tax return and pay the appropriate tax (at the rate set out below) to the Irish Revenue Commissioners.In the absence of the appropriate declaration being received by the Company that a Shareholder is an Exempted Irish Investor or if the Company has information that would reasonably suggest that a declaration is incorrect the Company would be obliged to pay tax on the occasion of a chargeable event.
The obligation falls on the Shareholder (rather than the Company) to self-account for any tax arising on a chargeable event if the Shareholder is Irish Resident, Ordinary Resident or a non- Exempted Irish Investor.
Unless a Shareholder is an Exempted Irish Investor, makes a Relevant Declaration to that effect or where approval for Equivalent Measures is received from the Irish Revenue Commissioners and that approval has not been withdrawn, tax will be required to be deducted by the ICAV from distributions and gains arising to a Shareholder on an encashment, redemption, cancellation or transfer of Shares.