All eyes on 100-acre land sale in east Cork

It seems there’s no stop to demand for farm land coming into the winter months of the year and a new explanation for the phenomenon is now being offered.

High DIRT tax, low interest rates offered by banks and penal Capital Gains Tax are pushing investors toward land as an option.

Putting money literally into the ground makes sense in a lot of ways; it’s safe, a good bet and it has efficiencies in terms of DIRT and inheritance taxes. There are generally ways around most things, and land is proving a handy outlet at the moment.