Revenue eBrief No. 70/17

28 June 2017

Irish Real Estate Funds

The Irish Real Estate Fund ('IREF') regime was introduced in Finance Act 2016 and is set out in Chapter 1B of Part 27 TCA. Under the IREF regime, tax is collected through two systems of withholding tax. 

Tax and Duty Manual Part 27-01b-01 sets out the agreed administrative practice for the application, in the specific circumstances outlined, of withholding tax in sections 739Q(3) and 739T TCA. Applications should be made on the forms contained in the manual.