Dáil Éireann Debate, Thursday - 4 October 2012
67. Deputy Aengus Ó Snodaigh asked the Minister for Finance the amount that could be raised for the Exchequer if a value limit was in place on principal private residences currently exempt from Capital Gains Tax, of €300,000. [42267/12]
View answerI am informed by the Revenue Commissioners that, as information on the value of capital gains arising from the disposal of principal private residences is not required in capital gains tax returns, there is no dedicated basis for separately identifying the yield that would arise from applying capital gains tax to sales of principal private residences. Accordingly, the specific information requested by the Deputy is not available.
