Jim O'Keeffe
Question:245 Mr. J. O'Keeffe asked the Minister for Finance if his attention has been drawn to the difficulties of local authorities in acquiring land compulsorily, or otherwise, for road widening or new roads as a result of the 40 per cent capital gains tax applicable to these transactions; if his attention has further been drawn to similar difficulties in relation to urban renewal schemes, particularly in towns recently designated, due to the application of the 40 per cent rate to commer cial property; and the steps, if any, he will take to address these matters. [25463/99]
