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Dáil Éireann debate -
Wednesday, 12 May 1965

Vol. 215 No. 9

Ceisteanna—Questions. Oral Answers. - Sale of Building Sites.

5.

asked the Minister for Finance if, in view of the speculation in building sites in and around Dublin and other cities, he will introduce a capital gains tax on the sale of these building sites.

My proposals for the current financial year were outlined in my Budget speech yesterday and I do not propose to add to them at this stage. The Deputy will recall, however, that they included new legislation in the income tax field concerning profits from building or land development.

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