Oireachtas Joint and Select Committees
Tuesday, 15 November 2016
Select Committee on Finance, Public Expenditure and Reform, and Taoiseach
Finance Bill 2016: Committee Stage (Resumed)
2:00 pm
Stephen Donnelly (Wicklow, Social Democrats) | Oireachtas source
Therefore, there will be tax. The IREF is exempt from capital gains tax, CGT, but according to the clarification the Minister of State gave to Deputy Michael McGrath, by staying in section 110, CGT will be payable at 25% by such companies.
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