Oireachtas Joint and Select Committees
Thursday, 23 June 2022
Public Accounts Committee
2020 Report of the Comptroller and Auditor General
Chapter 3 - Central Government Funding of Local Authorities
9:30 am
Brian Stanley (Laois-Offaly, Sinn Fein) | Oireachtas source
Mr. Doyle and I know that there is a financial penalty if an owner is deliberately sitting on a property, watching the value increase and thinking it will all be grand. The only thing that will move a developer, especially if that developer is a speculator, will be the financial penalty of the 7% tax.
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