Dáil debates

Tuesday, 21 May 2019

Ceisteanna ó Cheannairí - Leaders' Questions

 

2:25 pm

Photo of Leo VaradkarLeo Varadkar (Dublin West, Fine Gael) | Oireachtas source

I am afraid that I do not have any particular information about the financial transactions that the Deputy referred to or the individual cases that he has outlined, so it is not really possible for me to comment on either of those matters without having the information that he has. What I can say is that the tax treatment of property investment funds is under review. There was a time six or seven years ago when property prices were plummeting and nobody was building new homes and new apartments in the State. We are now in a very different position today. Property prices have recovered. They are still, thankfully, 20% lower than they were 12 years ago, but they have recovered.

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