Seán Fleming (Laois-Offaly, Fianna Fail) | Oireachtas source

I can give the answer to that in respect of all the sections that have income tax or capital gains tax. We are only changing Irish law. We have no jurisdiction to change English law. It is a good question. Is it being reciprocated on the other side? It may or may not be. That is the answer. If it is not reciprocated on the other side, Irish and English taxpayers will be covered under the normal double taxation agreements that apply between countries in any event. If the UK reciprocates, that is perfect. If it does not, the double taxation agreements in place between Ireland and the UK and many other countries will apply to all of these situations regardless of whether the UK changes the legislation at its end.

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