Oireachtas Joint and Select Committees
Wednesday, 17 November 2021
Select Committee on Finance, Public Expenditure and Reform, and Taoiseach
Finance Bill 2021: Committee Stage (Resumed)
Pearse Doherty (Donegal, Sinn Fein) | Oireachtas source
I am not 100% sure what the change is in the subsection it is replacing. Is it the words "bona fide"? It exempts from capital acquisitions tax winnings from bona fide lotteries, sweepstakes and betting, which I support. What is the change that is taking place? What is to prevent somebody from organising a lottery with a limited number of beneficiaries or entrants, such as somebody with a property they want to leave to one of their nephews are nieces and allows only five nephews and nieces to enter the lottery?
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