Joan Burton (Dublin West, Labour) | Oireachtas source

The question asks what will be the effective tax yield on a yearly basis from the changes the Minister introduced in the Finance Act on the taxation of vulture funds and the closure of loopholes which have allowed many such funds to pay little or no tax. Will the Minister advise if any of these funds contributed any corporation or capital gains taxation to the Exchequer prior to the enactment of the Finance Act? Is it true that they have been effectively entirely free from taxation?

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