Oireachtas Joint and Select Committees

Tuesday, 27 March 2018

Select Committee on Jobs, Enterprise and Innovation

Estimates for Public Services 2018
Vote 32 - Business, Enterprise and Innovation (Revised)

5:00 pm

Photo of Niall CollinsNiall Collins (Limerick County, Fianna Fail) | Oireachtas source

I have three other broad questions for the Minister. First, has she or her Department conducted any recent impact analysis given the change in trade policy that President Trump has been advocating in recent weeks and months? My second question is on an issue that is an old chestnut of this committee. Can the Minister give us an update on the Succeed in Ireland initiative and the breakdown that has happened between that programme and IDA Ireland? My third question is one I have raised previously and it is against the backdrop of Brexit. As the UK seems to be advancing the Brexit project, which will put it outside the EU, we will find ourselves more in direct competition with it. I have flagged the issue of our capital gains tax rate previously, particularly for start-up companies and entrepreneurs, with respect to people who start a business and then seek to sell it in terms of having a far more favourable capital gains tax regime. Has the Minister or her Department consulted the Department of Finance in advance of the budget that will be introduced later in the year to reconsider the rate of capital gains tax for entrepreneurs?

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