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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 1 June 2015 - onwards
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1091. Annexation of statements to interest warrants, etc.

(1) In this section, "company" means a company within the meaning of the Companies Act 2014, and a company created by letters patent or by or in pursuance of any statute.

(2) Every warrant, cheque or other order sent or delivered for the purpose of paying any interest which is not a distribution within the meaning of the Corporation Tax Acts by a company which is entitled to deduct income tax from such interest shall have annexed to it, or be accompanied by, a statement in writing showing -

(a) the gross amount which, after deduction of the income tax appropriate to such interest, corresponds to the net amount actually paid,

(b) the rate and amount of income tax appropriate to such gross amount, and

(c) the net amount actually paid.

(3) Where a company fails to comply with any of the provisions of subsection (2), the company shall incur a penalty of €200 in respect of each failure, but the aggregate amount of the penalties imposed under this section on any company in respect of all s

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