Pearse Doherty (Donegal, Sinn Fein) | Oireachtas source

We just discussed how the Minister for Finance is going to continue to push up tax on ordinary families in the form of carbon tax, despite them being pushed to the pins of the collars because of the cost-of-living crisis. I ask him to explain to the House why he is not going to allow the vulture and cuckoo funds to pay any tax on their incomes from rent or any capital gains tax, CGT. Are these tax advantages available to Irish real estate funds, IREFs, and real estate investment trusts, REITs, for the purchase of existing property stock or are they just applicable for new stock? I ask because the Minister has justified these advantages as in some way stimulating housing supply.

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