Tuesday, November 30, 2010

Irish site value tax is a land value tax

We've had an answer from Ireland of a question we asked recently: is the Site Value Tax introduced in the new Irish budget a land value tax?

The answer is that it is. Good news. Read more here.

(And the commenter notes that "we called it SVT rather than LVT so as not to rouse the wrath of the farmers' groups.") Seems like a good idea. . . .

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