Paddy Burke (Fine Gael)

In this case more than an explanation is needed. The Government will have to take some action on it because I know of no valuer who can put a value on any property, whether it is a house, a business or land. That is one scenario.

Some of those disputes have taken place in the past two or three years but the properties valued then would not get the same price today. The person might not even be able to sell them to pay their inheritance tax. These properties were given valuations three years ago but if they have to put them on the market now, those valuations are unrealistic. Some sort of intervention is required at ministerial level. The Revenue Commissioners are considering valuations that were done three years ago but the people might not even be able to sell the properties today. The Minister says they can pay by instalment on a valuation given three years ago. The Revenue Commissioners might take the property off their hands in some cases, which might be much easier for the people involved.