Oireachtas Joint and Select Committees

Wednesday, 18 November 2020

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

Finance Bill 2020: Committee Stage (Resumed)

Photo of Paschal DonohoePaschal Donohoe (Dublin Central, Fine Gael) | Oireachtas source

The issue of vacant land, issues of ownership, and the role tax can play in these have been long debated within this committee. I do not want to raise expectations around what the commission on taxation will do but this specific issue of vacant land, derelict properties, the role of tax and how we can penalise where necessary and have the right incentives in place through such penalties are some of the kinds of matters the commission on taxation could look at. It could also look at the matter in the context of where the property and land market stands at the moment. I aim to get that commission on taxation set up as soon as I can and as soon as we can identify the right personnel to do it. We will then ask the commission to look at that matter.

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