Pearse Doherty (Donegal, Sinn Fein) | Oireachtas source

This change relates to the definition of a holding company for the revised entrepreneur relief. It will now be the case that the holding company must be a parent company with at least 51% in their subsidiaries and its business must consist wholly or mainly of the holding of shares in those subsidiaries. I would like to hear the view of the Minister and his Department about a concern that has been raised about how this change could create challenges for founders seeking to dispose of their shares in tiered group structures within which there are minority stakes. Is this a concern the Minister has about this section? Will he speak to the rationale for introducing it?