Paschal Donohoe (Dublin Central, Fine Gael) | Oireachtas source

Both Irish and non-resident DWT, at the standard rate of 25%, will be deducted by the REITs, from dividends paid to shareholders. Foreign investors investing into treaty countries may be able to reclaim some of this DWT under the relevant tax treaty. Tax treaty rates and dividends vary from treaty to treaty, but both the common rates applicable to small shareholdings will be 15%. This means that Ireland would retain taxing rights of 15% on dividends paid from Ireland.