171. Deputy John Browne asked the Minister for Finance further to Parliamentary Question No. 175 of 4 February 2014, if he will provide an answer to the question raised, as his answer on that occasion does not address the issue raised; the reason the non-deductibility of local property tax from private rental income is being excused on the basis that it would reduce the tax base when it is an expense wholly and necessarily incurred in the business of letting private rental property; his views on whether a business cost is a business cost regardless of its impact elsewhere as otherwise it could be argued that anything that reduces exposure to taxation reduces the tax base, whether that be income tax, corporation tax, VAT refunds, personal reliefs and so on; and if he will make a statement on the matter. [6730/14]

Summary

171. Deputy John Browne asked the Minister for Finance further to Parliamentary Question No. 175 of 4 February 2014, if he will provide an answer to the question raised, as his answer on that occasion does not address the issue raised; the reason the non-deductibility of local property tax from private rental income is being excused on the basis that it would reduce the tax base when it is an expense wholly and necessarily incurred in the business of letting private rental property; his views on whether a business cost is a business cost regardless of its impact elsewhere as otherwise it could be argued that anything that reduces exposure to taxation reduces the tax base, whether that be income tax, corporation tax, VAT refunds, personal reliefs and so on; and if he will make a statement on the matter. [6730/14]

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• Property Tax Administration

  xml · EN · 11 February 2014

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