Dáil debates

Tuesday, 11 November 2014

5:40 pm

Photo of Lucinda CreightonLucinda Creighton (Dublin South East, Independent) | Oireachtas source

How long does the Taoiseach anticipate it will take for section 45 of the Finance (No. 2) Act 2013 to be commenced? The European Commission must approve State aid and negotiations seem to be extremely protracted. The section will allow for the granting of CGT relief for entrepreneurs. The provision was lauded in the budget last year but it has not been introduced. Further measures were introduced in the 2015 budget. How long will these protracted negotiations with the European Commission continue? Does he anticipate it will be concluded before Christmas? Does he expect further delays with the other measures which were announced in the budget for 2015?

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