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Dáil Éireann díospóireacht -
Thursday, 13 Feb 1975

Vol. 278 No. 3

Ceisteanna—Questions. Oral Answers. - Capital Gains Tax Revenue.

86.

(Dublin Central) asked the Minister for Finance if he will give an estimate of the amount of revenue expected from the capital gains tax for the period 6th April, 1974 to 5th April, 1975.

Mr. Kenny

As I said in my speech on the Second Stage of the Capital Gains Tax Bill, I do not expect the net yield from this tax in the current year to be significant. As can be seen from this year's budget tables the yield this year from the three new capital taxes is estimated at £3 million.

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