Michael D'Arcy (Wexford, Fine Gael) | Oireachtas source

No. We have decided to change the structure – Deputy Pearse Doherty agrees with that. We have decided that, as a result of providing tax certainty, the measures will kick in 14 months from now. We believe it is important for a jurisdiction to have tax certainty. This means we should not change an aspect of the policy in one budget and then alter it subsequently. We do not believe that is good tax business. I hear what the Deputy is saying. The Irish property market has been chaotic. We believe this is the right thing to do now. We believe that January 2019 is the right period for this to kick in.