Pearse Doherty
Question:311. Deputy Pearse Doherty asked the Minister for Finance the estimated annual revenue raised from implementing a new tax on company share buy backs at a rate of 0.5%, 1%, 3% and 5% in tabular form. [39530/22]
View answerDáil Éireann Debate, Thursday - 14 July 2022
311. Deputy Pearse Doherty asked the Minister for Finance the estimated annual revenue raised from implementing a new tax on company share buy backs at a rate of 0.5%, 1%, 3% and 5% in tabular form. [39530/22]
View answerI am advised by Revenue that as details of share buy backs are not reported on tax returns, it does not have data on which to base an accurate estimate of the potential annual revenue from implementing a tax as outlined by the Deputy.