Written answers
Thursday, 12 July 2018
Department of Finance
Property Tax Review
Catherine Connolly (Galway West, Independent)
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99. To ask the Minister for Finance when the review of local property tax will be published; and if he will make a statement on the matter. [31681/18]
Paschal Donohoe (Dublin Central, Fine Gael)
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In January of this year, I announced a review of the Local Property Tax (LPT) which is looking in particular at the impact on LPT liabilities of property price developments. In that regard the review underway will be informed by the desirability of achieving relative stability, both over the short and longer terms, in LPT payments of those liable for the tax and provide clear direction on the likely payments faced by households in 2020.
The purpose of the review is to inform me in relation to any actions I may recommend to Government concerning the overall yield from LPT and its contribution to total tax revenue. I look forward to seeing the outcome of the review around the end of August of this year.
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