I propose to take Questions Nos. 58 and 59 together.
I am informed by the Revenue Commissioners that there is no basis from returns filed or other information available to Revenue to estimate the level of chargeable business assets that may be acquired from 1 January 2017 and held for five years. Therefore, no estimate is available of the cost of introducing a rate of 10% on the first €10 million of gains on chargeable business assets acquired from 1 January 2017 and held for five years.
I am further informed by the Revenue Commissioners that as information in respect of potential gains from investments in the Employment and Investment Incentive scheme is not available, it is not possible to indicate the potential cost of lowering the CGT rate to 20%.