Dáil debates

Wednesday, 23 November 2016

Finance Bill 2016: Report Stage (Resumed) and Final Stage

 

9:10 pm

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

This is like saying that an increase in capital gains tax and USC will bring in a certain amount. These are two very separate issues. The section 110 companies are connected only around the edge with the IREFs. There is a calculation that arrived at the figure of €50 million. Will the Minister provide details on this split in terms of how much of the €50 million is likely to apply to the section 110 companies and how much will apply to the IREF industry? This is important.

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