Form descriptions - Standard refund - Irish equities
This paragraph provides information regarding the various tax forms to be completed in order to introduce a standard reclaim of tax on dividends paid from Irish equities. The templates of the forms are available on our Tax Forms to use section.
Letter of Request to Clearstream Banking for Reclaim of Irish withholding tax on dividends payments with a record date on or after 26 April 2021.
The Letter of Request should be provided by all customers that wish to introduce a standard reclaim of Irish withholding tax.
Who completes it? | Clearstream Banking customer |
How often is it provided? | Per standard reclaim application |
When is it provided? | The latest 2 months before the market statutory deadline |
Copy or original? | Original required |
Chain of Credit Advices
The chain of credit advices from each intermediary between Clearstream Banking and the final beneficial owner should be provided. Any such credit advice should identify:
- the Irish dividend payment details, including the security type, the gross amount, the date of payment, the amount of tax withheld at source and
- an express reference of the Euroclear Bank participant ID account number (which will be provided by Clearstream Banking in the Clearstream Banking’s credit advice), and
- in case Clearstream Banking customer is not the final beneficial owner, an instruction to the next intermediary to quote the same Euroclear Bank participant ID account number on the credit advices the next intermediary may issue.
Who completes it? | Each intermediary between Clearstream Banking and the final beneficial owner |
How often is it provided? | Per standard reclaim application |
When is it provided? | The latest 2 months before the market statutory deadline |
Copy or original? | Original required |
How to request Clearstream Banking’s credit advice? | Prior to any standard reclaim submission, via an email to creation.creditadvice@clearstream.com. The email should mandatorily mention the following information:
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Claim for refund of dividend withholding tax
In case the final beneficial owner wishes to claim a refund of withholding tax on several Irish dividend payments, such dividend payments may be combined on the same Claim form.
Who completes it? | The final beneficial owner |
How often is it provided? | Per standard reclaim application |
When is it provided? | The latest 2 months before the market statutory deadline |
Copy or original? | Original required |
Qualifying Non-Resident Form V2A or V2B or V2C
Depending on the status of the final beneficial owner that is qualifying non-resident person, a form V2A (for individuals) or V2B (for companies) or V2C (for persons not being individuals or companies) should be filled in.
How many are provided? | One per final beneficial owner |
Who completes it? | The final beneficial owner. In addition, as described in the relevant V2 form, the below parties may also need to complete a section in the V2 form: - the tax authorities of the final beneficial owner - the trustee(s) - the Irish Revenue Commissioners |
How often is it provided? | The form is valid from the date of issue until 31 December in the fifth year following the year in which the certificate was issued. As such, it should be renewed every 5 years. |
When is it provided? | The latest 2 months before the market statutory deadline |
Copy or original? | Original required for the first submission every 5 years, then copy required. |
Power of Attorney
A Power of Attorney should be provided if a third party is completing the standard reclaim documentation on behalf of the beneficial owner.
Who completes it? | The beneficial owner |
How often is it provided? | Per standard reclaim application |
When is it provided? | The latest 2 months before the market statutory deadline |
Copy or original? | Copy required |