Dáil Éireann Debate, Thursday - 20 December 2012
61. Deputy Ciarán Lynch asked the Minister for Finance with regard to the property tax, the reason that no exemptionor concession was given to persons who paid large amounts of stamp duty in recent years; and if he will make a statement on the matter. [57398/12]
View answerThe Finance (Local Property Tax) Bill 2012 does not provide an exemption or concession for persons who paid large amounts of stamp duty. The Inter-Departmental Expert Group on the Design of a Property Tax (the “Thornhill Group”) recommended against allowances for Stamp Duty because such allowances would not be targeted at need.
