Oireachtas Joint and Select Committees

Wednesday, 1 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Ciarán LynchCiarán Lynch (Cork South Central, Labour) | Oireachtas source

Could I bring you ... Sorry Mr. MacSharry, or Mr. McCreevy, could I reframe the question for you? The question has been put that there was over-stimulation of tax incentives in the property sector; it wasn't that there was an incentive here to get something going, the broader sector, residential, commercial, above the shop, parking schemes, student accommodation, there was a litany of stimulation taking place there. So there was a menu of numbers. The question has been put to you, if I can come back to Senator O'Keeffe ... it's in that context that the question has been made. There's a plethora of tax incentivisations, all property-related.

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