Oireachtas Joint and Select Committees
Tuesday, 7 November 2023
Select Committee on Finance, Public Expenditure and Reform, and Taoiseach
Finance (No. 2) Bill 2023: Committee Stage
Pearse Doherty (Donegal, Sinn Fein) | Oireachtas source
No. Three things happened to create a disincentive to hold on to a PRSA until the age of 75. The first was a crystallisation event. The second was the imputing. The third was that the person was locked out. However, if the person is no longer locked out, is the Minister not taking away one of the big disadvantages from this type of tax planning? We need to bear in mind that many people could pass away before the age of 75.
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