Investment Undertaking definition

Investment Undertaking means the Partnership, any intermediate holding or investing entities that the Company or the Partnership may establish from time to time for the purposes of efficient portfolio management and to assist with tax planning generally and any subsidiary undertaking of the Company or the Partnership from time to time;

Investment Undertaking means an investment undertaking within the meaning of

Investment Undertaking means an investment undertaking within the meaning of section 739B of the Taxes Act;

Examples of Investment Undertaking in a sentence

• For instance, it does not address the tax position of Shareholders whose acquisition of Shares in the Company would be regarded as a shareholding in a Personal Portfolio Investment Undertaking (PPIU).

• Irish resident companies entitled to the lower rate of Investment Undertaking Tax are required to provide a statement on its letterhead confirming that the company is within the charge of corporation tax.OR (ii) Exempt Irish residentsAs an Intermediary, I/we declare that the person who will be beneficially entitled to the shares/units is an Irish resident who will not cause the Fund to have an obligation to deduct and pay tax to the Irish Revenue Commissioners.

• Irish resident companies entitled to the lower rate of Investment Undertaking Tax are required to provide a statement on its letterhead confirming that the company is within the charge of corporation tax.

• Personal Portfolio Investment Undertaking (“PPIU”) The Finance Act 2007 introduced provisions regarding the taxation of Irish Resident individuals or Ordinarily Resident in Ireland individuals who hold shares in investment undertakings.

• Exemption from tax on income and gains As an Investment Undertaking, the Company is not chargeable to Irish tax on income or gains arising to the Company save as described below in connection with gains arising on chargeable events.

• In order for the non-Irish resident shareholder to be exempt from Irish Investment Undertaking Tax (“IUT”), it must complete the relevant non-resident declaration and provide a copy of that declaration to the Irish Fund.

• Other Taxes – All Shareholders Personal Portfolio Investment Undertaking An investment undertaking such as the ICAV will be considered to be a personal portfolio investment undertaking ("PPIU") in relation to a specific Irish Resident Shareholder where that Shareholder is an individual and the Shareholder or certain persons connected with the Shareholder can select or influence the selection of some or all of the property of the undertaking.

• For instance, it does not address the tax position of Shareholders whose acquisition of shares in the ICAV would be regarded as a shareholding in a Personal Portfolio Investment Undertaking (“PPIU”).

• Investment Undertaking Reporting Pursuant to Section 891C TCA and the Return of Values (Investment Undertakings) Regulations 2013, the Company is obliged to report certain details in relation to Shares held by investors to the Revenue Commissioners of Ireland on an annual basis.

• These will be Collective Investment Undertaking of any AMF classification.

More Definitions of Investment Undertaking

Investment Undertaking means an undertaking which provides services involving the holding of funds or securities for third parties and collective investment funds;

Investment Undertaking means any collective investment undertaking, including its segments, which:

Investment Undertaking means an investment undertaking within the

Investment Undertaking means an investment undertaking

Investment Undertaking means an investment undertaking within the meaning ofsection 739B of the Taxes Act;

Investment Undertaking has the meaning assigned to it in Clause 1.1.3 hereof.