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 Eoghan MurphyEoghan Murphy (Dublin Bay South, Fine Gael)
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Taxation changes change behaviour, and that would not be unusual in this area either. However, given the changes coming in and the size of the operation in so far as the mortgage book is involved, I think the €50 million figure was included as a conservative estimate. I do not think it is anticipated that it would be less than that.