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

Photo of Stephen DonnellyStephen Donnelly (Wicklow, Social Democrats) | Oireachtas source

I argue that it is because today an Irish resident investor will pay capital gains tax and he or she will pay tax at the rate of 41%. That is how it works. He or she will not do so anymore.

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