ICMSA raises concerns about farmland ownership
Irish Creamery Milk Suppliers Association (ICMSA) president Pat McCormack says farmland ownership should not be used as a tax shelter. This comes after former attorney general and tánaiste Michael McDowell said that the “super-wealthy” were building portfolios of tens of thousands of acres of agricultural land “simply as long-term stores of value”. According to McDowell, the phenomenon appears to be “reversing” what was a key national aim and social policy…