Oireachtas Joint and Select Committees
Wednesday, 29 November 2023
Committee on Budgetary Oversight
Tax Expenditures in Budget 2024: Department of Finance
Ms Clare Costello:
That is the way the legislation and the policy are drafted. As the Minister outlined during the course of the debate on Finance Bill, the purpose of the measure is to retain landlords in the market. It is there to encourage landlords to keep their properties in the rental market to the greatest extent possible. If they were to dispose of any of their rental properties in that instance, the clawback would apply.
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