Gay Mitchell
Question:232 Mr. G. Mitchell asked the Minister for Finance if he will consider the concerns of a person (details supplied) in Dublin 8 on capital gains tax roll-over proposals; and if he will make a statement on the matter. [2448/03]
Vol. 560 No. 3
232 Mr. G. Mitchell asked the Minister for Finance if he will consider the concerns of a person (details supplied) in Dublin 8 on capital gains tax roll-over proposals; and if he will make a statement on the matter. [2448/03]
I announced in my budget speech of 4 December 2002 that no roll-over relief would be allowed for any purpose on gains arising from disposals on or after that date. The date of disposal is normally the date when the contract is made. However, where the contract is conditional, it is the date when the condition is satisfied.