Oireachtas Joint and Select Committees
Wednesday, 16 November 2022
Committee on Budgetary Oversight
Report of the Commission on Taxation and Welfare: Discussion (Resumed)
Mr. Brian Brennan:
It would have a negative effect in that it would discourage people from investing in rental properties because if rental income alone is subject to marginal income tax rates and then you apply a 10% LPT rate on top of that, it becomes inequitable for certain landlords to own second or third homes.