Oireachtas Joint and Select Committees

Wednesday, 8 November 2023

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach

Finance (No. 2) Bill 2023: Committee Stage (Resumed)

Photo of Pearse DohertyPearse Doherty (Donegal, Sinn Fein) | Oireachtas source

The category A threshold is €335,000, but what about the calculation of capital acquisitions tax? If the concern is that it may be calculated inappropriately by the individuals themselves and they are putting it at a low interest rate, why is there a threshold of €335,000? If someone got a €200,000 loan from a parent and interest of 2% or the like was forgone-----

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