Dáil debates

Wednesday, 5 July 2017

Ceisteanna - Questions (Resumed) - Priority Questions

Tax Avoidance

2:30 pm

Photo of Séamus HealySéamus Healy (Tipperary, Workers and Unemployed Action Group) | Oireachtas source

Since 2011, up to 200 high net worth individuals, in other words wealthy and powerful people in society, including many household names, have been involved in a tax scam allowing them to avoid paying up to €500 million in tax. This involves the transfer of valuable rights attaching to shares in a company to shares owned by its members. I ask the Minister to put a stop to this once and for all by bringing in legislation before the recess to make sure this scam cannot continue.

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