The Reits occupy an uncomfortable spot in Irish life. They need government buy-in in order to work. But the government in waiting, Sinn Féin, doesn’t seem to want them around. In other countries, Reits have been around for decades, and they’re seen as part of the furniture. In the US, the UK and France, the Reit structure is no more controversial than the limited liability company. In Ireland, there’s a sense among some that, because Reits are exempt from certain taxes, they’re some sort of a tax shelter. Worse again – a tax shelter for foreign investor. In 2015, Sinn…
Don’t miss out on what is going on with our daily unique stories from our team of skilled journalists and insightful commentators. Members of The Currency get full access to over 4,000 exclusive interviews, investigations, and analysis, plus over 460 podcasts. Annual membership is just €200 for the first year, a saving of €100. Or try The Currency for the first month for a special introductory rate of €5, a saving of €20. Cancel at any time. To become a member today click here.
Join The Currency
INTRODUCTORY OFFER: Full annual membership for just €200.