Joan Burton (Dublin West, Labour)

Yes, I am. The Minister for Finance has indicated in a public statement that he proposes to introduce legislation, the provisions of which are already included in the Finance Act 2007 but never commenced by the Taoiseach when he was Minister for Finance. The loophole addressed in the relevant section of the 2007 Act was identified at that time, at the height of the boom, as costing the State €260 million in stamp duty forgone by developers either transferring shares in companies or entering into licences and resting contracts.

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