As the Deputy knows, earlier this year I established a working group to examine the taxation of returns on credit union savings bearing in mind the special and particular nature of the credit union movement, their contribution to Irish society, and the wider taxation issues involved. I indicated to the House on 17 November 1998 that the independent chairman presented the report of the working group to me on 1 October 1998 and that its contents were being considered.
As I have not yet completed my deliberations on this report I am not in a position, at this stage, to indicated what action, if any, I plan to take on foot of the report and when the report will be published.