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Tax Yield

Dáil Éireann Debate, Wednesday - 18 November 2015

Wednesday, 18 November 2015

Questions (68)

Peadar Tóibín

Question:

68. Deputy Peadar Tóibín asked the Minister for Finance the first-year and full-year revenue to be raised from increasing capital gains tax on passive investment to 35%. [40857/15]

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Written answers

I am informed by the Revenue Commissioners that, as tax returns do not provide a basis for compiling estimates in relation to the amount of CGT liability separately associated with passive and active activity, it is therefore not possible to provide the information requested by the Deputy.

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