Dáil Éireann Debate, Tuesday - 8 October 2013
151. Deputy Kevin Humphreys asked the Minister for Finance the projected additional yield in a full year if the principal private residence exemption from CGT was removed for all house sales above €500,000 and €1 million respectively, or for the portion above respectively; and if he will make a statement on the matter. [41928/13]
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 the removal of the principal private residence exemption from capital gains tax for all house sales above €500,000 and €1 million respectively. Accordingly, the specific information requested by the Deputy is not available.
