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Tax Yield

Dáil Éireann Debate, Thursday - 18 July 2013

Thursday, 18 July 2013

Questions (185, 186)

Patrick Nulty

Question:

185. Deputy Patrick Nulty asked the Minister for Finance the amount of money that would be raised in a full year by limiting the business and agriculture reliefs, for capital acquisitions tax, by reducing the level of discount on market value, before tax is calculated, from 90% to 75%, 90% to 60% and 90% to 50%, respectively; and if he will make a statement on the matter. [36735/13]

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Patrick Nulty

Question:

186. Deputy Patrick Nulty asked the Minister for Finance the amount of money that would be raised in a full year by limiting the business and agriculture reliefs for capital acquisitions tax by introducing, on the qualifying amount, a ceiling of €3 million, €2.5 million and €2 million, respectively; and if he will make a statement on the matter. [36736/13]

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Written answers

I propose to take Questions Nos. 185 and 186 together.

It is not possible to answer the Deputy’s question on business and agricultural reliefs for Capital Acquisitions Tax in the time available. I will contact the Deputy directly with a reply.

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