Seán Crowe (Dublin South West, Sinn Fein)
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Question 109: To ask the Minister for Finance if the amount of revenue which the State raises from the housing sector by way of VAT on building materials and stamp duties has influenced his position in relation to the introduction of a tax on second homes; and if previously it was a factor in delaying the abolition of property based tax incentives. [24840/06]

Brian Cowen (Laois-Offaly, Fianna Fail)
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The Government's policy on property taxation is reviewed as part of the annual budget and Finance Bill cycle, taking into consideration circumstances of the housing market and economy as a whole.

In Budget 2006, I announced the termination of a range of property-based tax schemes, in light of a comprehensive review of this area conducted in 2005. The policy consideration referred to by the Deputy was not a determining factor in this review process.