Tax Yield

Dáil Éireann Debate, Thursday - 9 May 2013

Thursday, 9 May 2013

Ceisteanna (68)

Pearse Doherty

Ceist:

68. Deputy Pearse Doherty asked the Minister for Finance further to Parliamentary Question No. 181 of 30 April 2013, regarding the lack of information of revenue that could be raised if CGT and CAT was applied to transfers between spouses, if he will consider establishing a database in which transfers of this type had to be recorded; and if he will then consider examining the policy of introducing a threshold for spousal transfers and applying either CGT or CAT to transfers. [22000/13]

Freagraí scríofa

Minister for Finance

I am conscious of the need to balance the collection of statistical information for Exchequer purposes with the desire to minimise as far as possible the administrative burden placed on individual taxpayers and on the business community to provide such information in tax returns. At this stage I have no plans to establish a database along the lines suggested.