Oireachtas Joint and Select Committees
Wednesday, 1 July 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Mr. Donal McNally:
Well, the general view was that it was better to, if you had the resources, to lower the tax rate generally rather than to favour reliefs. So we would have been sceptical about them and would have sought to bring them to an end, especially in a ... at a time when the property market was booming and there's less need for them.