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Dáil Éireann díospóireacht -
Thursday, 10 Nov 1988

Vol. 384 No. 1

Written Answers. - Tax Incentives for Urban Renewal.

37.

asked the Minister for Finance if he will extend the tax incentives for urban renewal in Dublin to the same rates as apply in other towns such as Waterford, Limerick and the Custom House Docks Development site, Dublin 1.

The Dublin designated area has exactly the same range of development incentives as the other designated areas, except for the reduced rate of capital allowances, which is given at 50 per cent. This compares with 100 per cent in the other designated areas, including the Custom House Docks Area. The difference stems from the desire to direct development towards the Custom House Docks area and I have no plans to remove the comparative advantage given to the docks area.

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