Dáil Éireann Debate, Thursday - 6 October 2016
93. Deputy Joe Carey asked the Minister for Finance if the 80% windfall tax relating to gains arising from the disposal of residential lands continues to apply; and if he will make a statement on the matter. [29211/16]
Amharc ar fhreagraI am advised by Revenue that the 80% windfall tax relating to gains attributable to a rezoning of land does not apply to disposals on or after 1 January 2015. A rezoning means a change under the Planning and Development Act 2000 from non-development land use to development land use, that is, from agricultural and amenity uses to residential, commercial or industrial uses or a mixture of such uses. The tax applied to gains on the disposal of such land in the period commencing on 30 October 2009 and ending on 31 December 2014.
