Seanad debates
Wednesday, 29 November 2006
Tax Code: Motion
5:00 pm
Shane Ross (Independent)
Is there a doctor in the House? There are problems other than stamp duty in the housing market. When Senator Mansergh said there was no property capital tax in the housing market he was wrong. Property tax and capital gains tax applies to anybody who owns a second house. Anybody who sells a house on more than one acre has to pay capital gains tax.
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