Oireachtas Joint and Select Committees

Tuesday, 17 November 2015

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance

Finance Bill 2015: Committee Stage

4:00 pm

Photo of Pearse DohertyPearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source

I am not suggesting they be taxed retrospectively but in the future. The Minister is setting the criteria for licensing options granted on or after 18 June 2014. Changing the date allows him to tax them from hereon. For example, under the regime I entered into in 2004, there was property tax. The Taoiseach said that would have been immoral. Therefore, even before Fianna Fáil was ousted from power, the Taoiseach in waiting had given a commitment that this would not happen, but the regime changed and the Government did introduce such a tax.

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