Dáil debates
Thursday, 1 February 2024
Ceisteanna Eile - Other Questions
Tax Code
11:10 am
Peadar Tóibín (Meath West, Aontú) | Oireachtas source
The red carpet was rolled out by the previous Fine Gael Government, with the support of Fianna Fáil on many occasions, in the provision of tax advantages to REITs. The REITs swooped in. They bought land, apartments and houses, mostly cheaply from the National Asset Management Agency, NAMA, and they have extracted significant returns in that time, often while hiking up rents. Will the Government repeal the advantages REITS have in their business model around housing?
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