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Fri 06 Jun 2009Competitiveness council calls for property tax
THE INTRODUCTION of a valuation-based property tax on most residential properties in the Republic has been recommended by the National Competitiveness Council (NCC).
In a report entitled Getting Fit Again: The Short Term Priorities to Restore Competitivenesspublished yesterday, the NCC said that without “immediate and continuing action” to restore Ireland’s international competitiveness, the economy runs the risk of entering “a prolonged period of depressed economic activity”.
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