Schemes experienced late 1990s boom

Tax-incentive schemes have been in place for many years, although their number and scope have been greatly extended since Fianna Fail came to office in 1997.

11th February, 2006

Tax-incentive schemes have been in place for many years, although their number and scope have been greatly extended since Fianna Fail came to office in 1997. They are particularly associated with former finance minister Charlie McCreevy.

The schemes allow tax relief on investments in designated geographical areas or for specific purposes, such as holiday homes.

Proponents of the schemes say that they allow the government to stimulate economic activity in areas that public policy deems desirable...

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