Oireachtas Joint and Select Committees
Thursday, 25 January 2024
Public Accounts Committee
Appropriation Accounts 2022
Vote 9 - Office of the Revenue Commissioners
Account of the Receipt of the Revenue of the State collected by the Revenue Commissioners 2022
Report on the Accounts of the Public Services 2022
Chapter 20 - Assessment and Collection of Local Property Tax
Chapter 21 - Revenues Tax Debt Warehousing Scheme
Chapter 22 - Corporation Tax Losses
9:30 am
Mr. Niall Cody:
The difference between LPT and any other tax is that it remains a charge on the property. The charge accumulates. Even though property tax is actually quite low relative to other international countries, it still accumulates. It accumulates and interest accumulates. It remains a charge on the property. In a way, that becomes the backstop. Individual amounts compared to other taxes are low, but we do have-----