From large pension funds to wealthy private investors, the owners of Dublin’s most famous shopping street enjoy large rent rolls from some of the biggest names in the Irish retail sector
Tax take from institutional property investors rose by 171% in 2020 Move by Revenue saw effective tax rate levied increase from 2.7% in 2019 to 17.9% in 2020
about 5 hours ago
US property investor and Capital Dock owner Kennedy Wilson holds much of its Irish portfolio in qualifying investor alternative investment funds (QIAIF).
Your Web Browser may be out of date. If you are using Internet Explorer 9, 10 or 11 our Audio player will not work properly.
Institutional investors with some €18.4 billion invested in Irish property paid tax of €65.7 million in 2020, according to new figures from the Revenue Commissioners, an increase on the amount paid in 2019.
According to the figures, which break down corporation tax payments for 2020, Irish real estate funds (Irefs), which are used by property investors such as Kennedy Wilson to house their Irish portfolios, paid total withholding tax of €65.7 million in 2020, on a taxable amount of €368 million. This indicates an ef