Written answers

Wednesday, 16 October 2013

Department of Finance

Property Taxation Administration

Photo of Niall CollinsNiall Collins (Limerick, Fianna Fail)
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4. To ask the Minister for Finance if he will confirm that he has instructed South Dublin County Council to ensure that all property tax moneys raised in the county this year will be spent in the county; and if he will make a statement on the matter. [43774/13]

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael)
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Section 157 of the Finance (Local Property Tax) Act 2012, as amended, provides that, in each financial year commencing with 2014, the Minister shall pay from the Central Fund or the growing produce thereof into the Local Government Fund an amount equivalent to the Local Property Tax, including any interest paid thereon, paid into the Central Fund during that year. Accordingly, receipts from the Local Property Tax received in 2013 will remain in the Exchequer and will be used to meet the many expenditure obligations faced by the State. The allocation to the Local Government Fund for 2013 had already been decided before the Local Property Tax commenced.

I can assure the Deputy that I have not been in correspondence with South Dublin County Council regarding the disbursement of Local Property Tax receipts and I am not empowered by the Act to instruct any local authority on how local property tax receipts should be spent.

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