Section 739B definition
Examples of Section 739B in a sentence
The Directors have been advised that the Company qualifies as an investment undertaking as defined in Section 739B TCA.
Generally no Irish stamp, documentary, transfer or registration tax is payable in Ireland on the issue, sale, transfer, redemption, repurchase, cancellation of or subscription for Shares on the basis that the Company qualifies as an ‘investment undertaking’ within the meaning of Section 739B TCA.
The Company is an investment undertaking as defined in Section 739B of the Taxes Consolidation Act, 1997.
The Company qualifies as an investment undertaking as defined in Section 739B of the Taxes Consolidation Act, 1997.
However, the Company can make an appropriate declaration (under Schedule 2A TCA) to the payer that it is a collective investment undertaking within the meaning of Section 739B TCA beneficially entitled to the dividends which will entitle the Company to receive such dividends without deduction of Irish dividend withholding tax.
The Directors have been advised that the Company qualifies as an investment undertaking as defined in Section 739B TCA so long as the Company is resident in Ireland for tax purposes.
On the basis that the Company qualifies as an investment undertaking within the meaning of Section 739B of the TCA, generally no Irish stamp duty will be payable in Ireland on the subscription, transfer, repurchase or redemption of Shares in the Company provided that no application for Shares or re-purchase or redemption of Shares is satisfied by an in specie transfer of any Irish situated property.