Dáil Éireann Debate, Tuesday - 13 December 2011
98 Deputy Kevin Humphreys asked the Minister for Finance the specific measures he intends to introduce in the Finance Bill 2012, as mentioned in his budget speech, to support the continued success of the international funds industry, the corporate treasury sector, the international insurance industry and the aircraft leasing industry; and if he will make a statement on the matter. [39884/11]
View answerI announced in my Budget speech that I intend to introduce a package of measures in the forthcoming Finance Bill to support the continued success of the International Financial Services (IFS) industry in Ireland. The sector employs more than 30,000 people and contributes over €1 billion in tax to the Exchequer. The Government's commitment to the sector was reaffirmed in the 5-year strategy for the industry which was launched by the Taoiseach, Enda Kenny T.D., in July this year. The list of items for inclusion in the Finance Bill is currently being finalised. I will then bring the list of IFS related items to Government for approval as part of the overall Finance Bill. The list of items will then be published in the Bill. I do not propose to list the items in advance of them being approved by Government.
