Eoghan Murphy (Dublin Bay South, Fine Gael) | Oireachtas source

With a REIT, there is a much higher profit distribution threshold. It operates in a different way in terms of the distribution it makes and how often it makes them. What we are doing here is working to the best OECD practice, in so far as making this determination at 10% and what might apply then to that investor versus the person who might be seen to have a more blind or passive investment below 10%.