Pearse Doherty
Question:99. Deputy Pearse Doherty asked the Minister for Finance the revenue that would be generated for the Exchequer through increasing the capital gains tax rate to 34%, 35%, 36% 37%. 38%, 39%. [29516/15]
View answerWednesday, 15 July 2015
Questions (99)
Written answers
I am advised by the Revenue Commissioners that a wide range of statistical information is available on the Commissioners' new, enhanced, Statistics webpage:
http://www.revenue.ie/en/about/statistics/index.html .
In relation to the Deputy's questions, detailed information on potential yields from increasing the rate of Capital Gains tax can be found in the post-Budget 2015 Ready Reckoner: http://www.revenue.ie/en/about/statistics/ready-reckoners.pdf. While the Ready Reckoner does not show all of the specific costings requested by the Deputy, changes can be estimated broadly on a pro-rata basis with those displayed in the Reckoner.
These estimates do not attempt to model behavioural effects of a policy change.