I propose to take Questions Nos. 179 and 180 together.
I am advised by the Revenue Commissioners that because data from tax returns do not provide a basis for compiling separate figures of the amount of Capital Gains Tax (CGT) liability associated with passive activity, there is no basis to provide an estimate of the yield that could be raised by increasing the rate (on passive gains) by 3%.
Regarding the estimated revenue that would be raised by increasing capital gains tax by 3%, the Revenue Ready Reckoner, available at www.revenue.ie/en/corporate/documents/statistics/ready-reckoner.pdf shows the yield from changes to the overall CGT rate.
While the Ready Reckoner does not show the specific costing requested by the Deputy, the yield from a 3% increase can be estimated on a pro-rata or straight-line basis from those shown.