Deputy Fitzmaurice, TD for Roscommon-South Leitrim, announced his intention to put forward a vote to cap stamp duty during a joint committee on finance, public expenditure and reform, and Taoiseach, on the 9 November.

Minister for Finance Paschal Donohue stated that the rate of stamp duty on commercial land, including farmland, would be increased from 2% to 6% during Budget 2018, a move that angered many farmers and farm organisations.

Fitzmaurice outlined during the committee how the increase in stamp duty to 6% was having a negative impact on rural Ireland: “This is a problem in rural Ireland and this hasn’t been proofed for rural Ireland.

“If you talk to auctioneers this minute, right around the country, land deals are at risk because the extra 10 or 12 or 20 grand isn’t available, and that’s very clear coming from all the auctioneers.”

Speaking to the Irish Farmers Journal, Fitzmaurice said that he hoped to have a vote on the proposed stamp duty cap brought before the Dáil in the next week or two.

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