Dáil debates
Tuesday, 15 October 2013
Financial Resolutions 2014
No. 3: Income Tax; No. 4: Income Tax
8:35 pm
Denis Naughten (Roscommon-South Leitrim, Independent) | Oireachtas source
Will the Minister clarify further for me? My understanding is that the scheme under Financial Resolution No. 4 lapsed at the end of 2012 and that in budget 2013 it was rolled over and requires EU Commission approval to be active in the current year. Will the Minister clarify that? If I am wrong, that is great. However, if I am correct, will Revenue recognise the intention was for the scheme to continue in operation and that if someone invests now, he will get the relief once the approval comes before the end of the year? That is a concern for people.
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