The Green Party has called for the return of the 80 per cent windfall tax on land rezoning profits to bring in €1.3 billion for the exchequer.
The tax was introduced by the late Minister for Finance Brian Lenihan Jnr in 2009 at the request of the Green Party, but it was abolished by his successor Michael Noonan in 2014. At the time, Noonan argued that the tax had become a barrier to transactions in the property market.
Subscribe from just €1 for the first month!
All Digital Access + eReader
Unlimited Access for 1 Month
Then €19.99 a month after the offer period.
€149 For the 1st Year
Unlimited Access for 1 Year
90 Day Pass
Get a Business Account for you and your team