Dáil debates

Thursday, 2 December 2021

Finance Bill 2021: Report Stage (Resumed) and Final Stage

 

4:40 pm

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

Deputy Durkan's comment was that I am putting forward the idea of capital gains tax and hammering those who have the money. I am not putting forward the idea of capital gains tax. Capital gains tax applies to everybody else, it just does not apply to IREFs or REITs. What I am saying is that everybody else has to pay capital gains tax, but there is an exemption for these two funds. Deputy Durkan knows that. That is not right.

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