Seanad debates

Wednesday, 11 November 2009

National Asset Management Agency Bill 2009: Committee Stage (Resumed)

 

1:00 pm

Photo of Terry LeydenTerry Leyden (Fianna Fail)

Will the Minister explain why, if NAMA at some future stage is very successful, it is exempt? I accept it is a State organisation and all profits accrue to the State but why exclude it from all normal taxation?

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