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Finance ministers of the G7 are expected to finalise an agreement today which could set the rate at 15 per cent

LPT will stay locally as valuations set to take place this November Money raised from the changed local property tax will stay locally and not be distributed to other counties, according to the Finance Minister. New bands for the tax have been announced with fresh valuations to take place in November for the first time in eight years. But the Minister has insisted no local authority will see a drop in funding as a result, with the difference picked up by the exchequer. Pascal Donohoe says local amenities will benefit from the raising of this tax. “We want to move to a situation where taxes ...

Shannon base closure sparks call for controls on Dublin Airport Reporter: ');  '); COUNCILLORS in Limerick have unanimously backed calls for traffic controls on Dublin Airport, after Aer Lingus closed its base in Shannon. At a special meeting this week, members unanimously passed the pushing for a suite of measures proposed by Mayor Michael Collins, responding to the move by the national airline to shut its local base in a move which will cost more than 100 jobs.​ “Since Shannon was separate​d from the DAA, it was the second fastest growing airport pre-Covid. It grew its passenger nu...

Offer could pave way for shake-up of taxation of multinationals with big implications for Ireland

Could Ireland use European Union funding to build houses? Naomi O’Leary in Brussels examines the possible sources of financing about 4 hours ago Updated: about 3 hours ago   Within the European Union, housing policy is a matter for national and local authorities. But though EU laws do not directly address housing, a combination of regulations and funding incentives shape national policies. The European Union’s budget rules — which hold member states to running an annual budget deficit of no more than 3 per cent of the size of their economy, and overall debt levels of below 60 ...