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Ireland hits wealthy with ‘mansion tax’

Szu Ping Chan

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Ireland has launched a surprise tax grab on mansions to help fund a pre-election spending spree on cost-of-living handouts.

Jack Chambers, Ireland’s finance minister, said a new 6 per cent rate of stamp duty on properties worth more than €1.5 million ($2.41 million) would apply “with immediate effect”.

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The Telegraph London

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    Original URL: https://www.afr.com/property/residential/ireland-hits-wealthy-with-mansion-tax-20241002-p5kfab