Two contracts to review of certain property tax incentives have been awarded by the Minister for Finance Mr McCreevy Brian Cowen.
The successful companies were Goodbody economic consultants; in respect of the area-based urban renewal town renewal, rural renewal and the living-over-the-shop schemes and Indecon economic consultants for the sectoral property tax incentive schemes namely multi-story carparks; park and ride facilities, student accommodation, third-level buildings, hotels, holiday cottages, nursing homes, private hospitals, sports injuries clinics, childcare facilities and refurbishment of rented residential accommodation.
The contracts are to examine the incentive schemes in the context of the 2006 Budget and will be completed before September next.