Finance Bill: We’re finally keeping it real

The withholding tax on property vehicles is exactly what we need – and will weed out the vulture-fund chancers from the proper investors

23rd October, 2016

Are we witnessing the beginning of the end of yet another sorry saga in Irish economics and finance? Will the Finance Bill, which slapped a right and proper 20 per cent withholding tax on the profits of property funds, signal a shock selling of Irish commercial property?

If it does, and prices tumble, we should rejoice in falling values of commercial property in the capital. When the property market is owned by a small number of...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month, €19.99 Monthly thereafter

Get basic

*New subscribers only

You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

2 Yearly

€315

€248

Unlimited Access for 2 Years

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

Private rental sector remains strong despite Covid-19

How the programme for government will shape housing

Insight Niall Byrne 7 months ago

Comment: US must defuse Covid-19’s ticking time bomb of debt

Insight Todd G Buchholz 7 months ago

Comment: The recovery will be more U than V-shaped

Insight Larry Hatheway 7 months ago