Vol. 407 No. 9
73 Mr. Ryan asked the Minister for the Environment if he will outline the plans he has for the capital gain from rezoned land and land benefiting from public investment; and if he will have the capital gain taxed and the proceeds ploughed back to developing Dublin's infrastructure; and if he will make a statement on the matter.
Under the Local Government (Planning and Development) Act, 1963, a planning authority is empowered to attach conditions to planning permissions requiring developers to contribute towards expenditure incurred or to be incurred by the authority on works which will facilitate the proposed development. The decision to attach such conditions and the scale of the contributions required are matters for the planning authority concerned, or for An Bord Pleanála on appeal.
Taxation on capital gains is a matter for the Minister for Finance.
