Oireachtas Joint and Select Committees

Tuesday, 17 November 2020

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach

Finance Bill 2020: Committee Stage (Resumed)

Photo of Pearse DohertyPearse Doherty (Donegal, Sinn Fein) | Oireachtas source

We have seen the issue arise and we have seen the impact of it. I refer to Green REIT and Henderson Park, where a 1% stamp duty applied as opposed to the 7.5% that should have applied. This is a question of fairness and balance. There is not need for a further review. I am unconvinced. I ask the Minister to elaborate on why these structures should apply a stamp duty of 1% as compared with 7.5% because I do not get it. That is not acceptable in my view.

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