Vol. 462 No. 4
57 Ms F. Fitzgerald asked the Minister for Finance if he will consider a review of the residential property tax in view of the recent information which highlighted the imbalance in the amounts collected in Dublin versus the rest of the country; his views on whether this tax has become a Dublin tax; and if he will make a statement on the matter. [4744/96]
Revenue statistics confirm that a higher proportion of residential property taxpayers reside in the greater Dublin area. However, this simply reflects the reality that the majority of houses valued in excess of the exemption threshold are located in Dublin.
The programme A Government of Renewal indicated that the future of residential property tax would be considered in the context of a professional study of local Government financing which is at present being undertaken by my colleague, Deputy Brendan Howlin, the Minister for Environment.
I will evaluate all aspects of residential property tax in light of the findings of the study when completed.
