Oireachtas Joint and Select Committees
Wednesday, 6 March 2013
Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance
Finance Bill 2013: Committee Stage
5:55 pm
Michael Noonan (Limerick City, Fine Gael) | Oireachtas source
The resident is taxed as if he or she had an investment property. The distribution from the REIT will be taxed in the same way as rental income is taxed on an investment property for an Irish resident. There is a withholding tax of 20% on non-residents and they will be taxed on that basis.
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