Peter Burke
Question:195. Deputy Peter Burke asked the Minister for Finance the estimated cost of reducing a tax by percentage points (details supplied); and if he will make a statement on the matter. [27697/19]
View answerDáil Éireann Debate, Tuesday - 2 July 2019
195. Deputy Peter Burke asked the Minister for Finance the estimated cost of reducing a tax by percentage points (details supplied); and if he will make a statement on the matter. [27697/19]
View answerI am informed by the Revenue Commissioners that cost of reducing the rate of Capital Gains Tax (CGT) can be found in Revenue’s Ready Reckoner at the following link: https://www.revenue.ie/en/corporate/information-about-revenue/statistics/ready-reckoner/index.aspx.
For the Deputy's convenience, the following table presents this information.
Reduction in the CGT Rate |
Full Year € Million |
From 33% to 32% |
37 |
From 33% to 31% |
73 |
From 33% to 28% |
183 |