Pearse Doherty (Donegal, Sinn Fein) | Oireachtas source

Okay. I thank the Minister of State. I turn to the dividend withholding tax. What is being proposed is a 20% withholding tax for foreign investors on dividends and that relates only to IREF assets. As such, we are only talking about property. I want to talk about foreign investors with shares in Irish registered companies. I refer to the hypothetical situation in which they are held by a fund, for example in Siteserv, a company that has often been referred to in the House, through an ICAV and where dividends are paid out to a non-Irish resident investor in that ICAV. How will those dividends be taxed?