Property Taxation

Dáil Éireann Debate, Wednesday - 16 May 2012

Wednesday, 16 May 2012

Ceisteanna (139)

Thomas P. Broughan

Ceist:

139 Deputy Thomas P. Broughan asked the Minister for the Environment, Community and Local Government when he will be in a position to announce the long-term property tax scheme; if he is reportedly considering including all land in that scheme; the approximate sums that might be realised from a general land property tax as is common across most of the EU towards the continuing gap in the primary general government deficit and for a fair resolution of the fiscal problem; and if he will make a statement on the matter. [24480/12]

Freagraí scríofa

Minister for the Environment, Community and Local Government (Deputy Phil Hogan)

An independently chaired Inter-Departmental expert Group has been established to consider the structures and modalities for an equitable valuation based property tax. The Group will complete its work and make recommendations to me shortly. Following consideration of the Group's recommendations, I will bring proposals to Government on the full property tax as soon as possible. It will then be a matter for the Government to decide on the structure and modalities of the full property tax.