Joe Costello (Dublin Central, Labour)
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I welcome Mr. Cody and his team. Deputy McFadden went quite thoroughly through the local property tax. Revenue seems to have done a good job in a short space of time. It has put an effective system in operation. It has achieved a high compliance rate of up to 97%. It will have to get rid of its 248 staff when it hits 100% compliance. I would like to ask a question about the local property tax. The baseline date was 1 May 2013. That baseline was to last for three years. I suggest that 1 May 2016 is coming up very quickly. What role does Revenue have in the valuation process? What will happen with the local property tax for the next period of time? Is Revenue in discussions with the Government on this matter? What advice is it offering in this area?