Seanad debates

Wednesday, 11 November 2009

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

 

1:00 pm

Photo of Liam TwomeyLiam Twomey (Fine Gael)

The SPV is a private company, not a public company. NAMA is a public company. I had this discussion yesterday with the Minister involved. It seems strange that a private company which is not a charity is exempt from all taxes.

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