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
I appreciate that is what the amendment is trying to do, but I just do not believe that is what it will do it. Certain assumptions have been made. For example, capital gains tax is currently not charged on property related profits. The amendment will introduce it if there is a flip within five years. I believe capital gains tax is applied to profits generated from property.
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