Oireachtas Joint and Select Committees

Wednesday, 1 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Kieran O'DonnellKieran O'Donnell (Limerick City, Fine Gael) | Oireachtas source

-----and then came along the following year and you stated:

Last year I announced the termination of a series of major tax reliefs from the end of 2004. Since then I have been bombarded by demands to revisit that policy, especially in the case of one particular relief.

Now I looked back on the committees, the meetings you had with various groups - and, Chairman, if I could refer you to Vol. 1 - it's basically dealing with ... it's page 170, and for the month of ... from 1 October 2003 to 3 November 2003, you met with various interest bodies: Construction Industry Federation, the Irish Builders Association, Irish Property Association. You had ... and then you had the Irish Auctioneers and Valuers. So the question I'm asking is, Mr. McCreevy, what changed in that year where you extended the tax reliefs for a further two years?

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