Oireachtas Joint and Select Committees

Thursday, 18 June 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. Kevin Cardiff:

Well, '06 wasn't necessary in another sense because I think the '06 report was, let's kill off those, apart from other things, let's kill off the, the, the property tax incentives and the like. So that was already happening. Also '06, there was a further ... some further suggestions on tax policy, including property tax, which frankly we didn't even bother, no chance at all, and there was some interim on interest reliefs, but I think we'd already done something on interest reliefs at the time so that probably was regarded as somewhat taken care of. And that was ... I mean in my side ... in my side of the house at the time would have been the tax, that was ... that's my recollection of that. In '08, although to be perfectly honest, Deputy, at this stage I don't even remember the '08 one; it's not in my head at all.

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