IMF property tax proposal is too high says Noonan

Finance Minister Michael Noonan has said a property tax of 0.5 per cent, as recommended by the IMF, is “too high”.

10th September, 2012
Minister for Finance Michael Noonan.

Finance Minister Michael Noonan has said a property tax of 0.5 per cent, as recommended by the International Monetary Fund, is “too high” and that he does not intend to make such a proposal to government.

The minister made his comments to reporters in Westport, Co Mayo today in reaction to a call by the IMF that the government should introduce a property tax at that rate in order to broaden its base of...

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