Dáil debates

Wednesday, 25 January 2017

Questions on Promised Legislation

 

1:40 pm

Photo of Enda KennyEnda Kenny (Mayo, Fine Gael) | Oireachtas source

I am sure the Minister for Finance has engaged with the Deputy on the Private Members' motion he tabled. The Finance Act 2016 introduced regulations in respect of section 110 of the Taxes Consolidation Act 1997 whereby the use of profit participating loans are restricted where they are used by qualifying companies relating to Irish property transactions. On the question of additional legislation, I will get back to the Deputy with whatever strategy the Minister for Finance is setting out.

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