Oireachtas Joint and Select Committees
Thursday, 7 March 2013
Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance
Finance Bill 2013: Committee Stage (Resumed)
1:45 pm
Peter Mathews (Dublin South, Fine Gael) | Oireachtas source
May I pose a scenario to the Minister of State? We know that households are under stress with debt. There may be a situation where otherwise a gift of, say, €225,000 is made from a parent to a son or daughter to reduce liabilities owed to a bank in a negative equity situation where the debt to the bank was €425,000. Is €225,000 the exemption level?
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