Oireachtas Joint and Select Committees
Wednesday, 1 July 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Pearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source
Yes. For budget 2006, Indecon took on a review of property-based tax incentives and, on page 32 of the report, it said, "The options of financial institutions, auctioneers, and accountancy tax professionals regarding the effect of the property-based tax incentives as well as other analysis undertaken by Indecon suggest that, in addition to increasing investment and projects, the tax incentives had led to an increase in site prices, financial returns to promoters and property prices." Do you accept that outcome ... that finding of the Indecon report?
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