I propose to take Questions Nos. 150, 153 and 178 together.
It is assumed the Deputy is referring to Capital Acquisitions Tax (CAT) rather than Capital Gains Tax (CGT) as the reliefs and tax mentioned relate to CAT.
I am advised that the annual CAT receipts are published on the Revenue website at:
https://www.revenue.ie/en/corporate/information-about-revenue/statistics/receipts/receipts-taxhead.aspx
I am further advised that the Revenue Ready Reckoner, can be used to estimate the yield from the proposed changes to CAT reliefs, thresholds and rates, by extrapolating from the information on pages 15 to 17. The Ready Reckoner is available at:
https://www.revenue.ie/en/corporate/documents/statistics/ready-reckoner.pdf.
Revenue advise that a breakdown of CAT receipts for recent years, including the yield from discretionary trust tax, is published at: https://www.revenue.ie/en/corporate/documents/statistics/receipts/cat-receipts.pdf.
Regarding an increase in the rate of discretionary trust tax from 6% to 20% would likley give rise to significant behavioural changes that are not possible to model. Therefore, there is no basis on which to provide an estimate of the yield from such a change.
Finally I am advised by Revenue that the yield from capping business and agricultural relief at €3 million and introducing a limit of 50% for both of these reliefs is tentatively estimated at €58 million for Business Relief and €64 million for Agricultural Relief.