Budget 2018: Donohoe says stamp duty changes will not dampen supply

Minister says he has received assurances from Revenue that changes will deliver tax yield without hindering activity

At a press briefing on Tuesday evening, Paschal Donohoe said his department has carefully assessed the level of activity currently under way in the commercial property sector. Photograph: Dara Mac Donaill

At a press briefing on Tuesday evening, Paschal Donohoe said his department has carefully assessed the level of activity currently under way in the commercial property sector. Photograph: Dara Mac Donaill

Minister for Finance Paschal Donohoe said he has received assurances from Revenue that the increase in stamp duty on commercial property transactions will deliver the required tax yield without dampening activity in the sector.

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