‘Dysfunctional and illogical’: Developer Michael O’Flynn on Ireland’s new vacant land tax
Inside Business with Ciaran Hancock
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Introduction
This week, Kiran Hankeuk looks at the new residential zone Land Tax. The tax is designed to prevent land hoarding by developers and due to come into force next year. Mike Loflin, who's had 12 properties in Cork listed for the new tax, will explain how any tax imposed with a government will simply be passed on to buyers. In the second half of the show, I'll be joined by Kevin O'Sullivan of the Irish Times, and John Power, the Head of Engineers Ireland,. To discuss a new report by Engineers Ireland on our future energy mix.
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Transcript
