Pearse Doherty
Ceist:100. Deputy Pearse Doherty asked the Minister for Finance the revenue that would be generated for the Exchequer through increasing the capital acquisitions tax rate to 34%, 35%, 36% 37%. 38%, 39%. [29517/15]
Amharc ar fhreagraDáil Éireann Debate, Wednesday - 15 July 2015
100. Deputy Pearse Doherty asked the Minister for Finance the revenue that would be generated for the Exchequer through increasing the capital acquisitions tax rate to 34%, 35%, 36% 37%. 38%, 39%. [29517/15]
Amharc ar fhreagra101. Deputy Pearse Doherty asked the Minister for Finance the revenue that would be generated through reducing the exempt portion of the capital acquisitions tax business relief to 80%, 70%. [29518/15]
Amharc ar fhreagra102. Deputy Pearse Doherty asked the Minister for Finance the revenue that would be generated through reducing the exempt portion of the capital acquisitions tax agricultural relief to 80%, 70%. [29519/15]
Amharc ar fhreagraI propose to take Questions Nos. 100 to 102, inclusive, together.
In relation to the first question, I am advised by the Revenue Commissioners that data relating to the estimated yields for each 1% increase in the Capital Acquisitions Tax rate are available on the Revenue website at http://www.revenue.ie/en/about/statistics/index.html. Specifically, the information which the Deputy seeks can be found in the CAT Ready Reckoner available from http://www.revenue.ie/en/about/statistics/ready-reckoners.pdf.
In relation to the other questions, I am advised that the estimated yields from reducing the CAT agricultural relief and CAT business relief are also available from the Revenue Commissioners' Ready Reckoner at http://www.revenue.ie/en/about/statistics/ready-reckoners.pdf.
These estimates do not attempt to model behavioural effects of the policy changes.