Dáil debates
Wednesday, 5 November 2014
Other Questions
Crowd-Funding Initiatives
10:35 am
Dara Calleary (Mayo, Fianna Fail) | Oireachtas source
The tax breaks from the employment and investment incentive scheme, EIIS, and the other schemes are for people with larger incomes, who have spare capacity to invest in such schemes. As the Minister said, crowd-funding tends to attract smaller investors and people with smaller savings. They are entitled to a fair share of any tax incentives on offer. I welcome the progress made but I encourage the Minister to move forward as quickly as possible on this rapidly growing market. There is no reason this country should not be at the forefront.
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