The Residential Zoned Land Tax (RZLT) was introduced in the Finance Act 2021. The tax is an annual tax calculated at a rate of 3 per cent of the market value of land.

The Central Bank parcel of land at its Currency Centre campus at Sandyford is potentially worth more than €70 million.

Plans to defer the Residential Zoned Land Tax (RZLT) have led to a row between coalition partners Fianna Fáil and the Green Party