Oireachtas Joint and Select Committees

Monday, 16 November 2020

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach

Finance Bill 2020: Committee Stage

Photo of Pearse DohertyPearse Doherty (Donegal, Sinn Fein) | Oireachtas source

I have already acknowledged that point and I ask that we might get this issue clear and go a little bit deeper into it. What is the percentage of residential investors in a REIT compared with international non-resident investors? The structure has been set up in a way that it is for non-resident investors. Why is that? It is because if one is a resident investor one will have to pay some tax. Can the Minister outline for me what, however, a non-resident investor will pay in tax? The Minister used the term "fairly".

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