Dáil debates

Thursday, 23 November 2023

Ceisteanna Eile - Other Questions

Tax Code

11:30 am

Photo of Alan DillonAlan Dillon (Mayo, Fine Gael) | Oireachtas source

I thank the Minister for his comprehensive response. It is crucial for Members of this House to understand the cryptocurrency landscape, which while evolving rapidly presents complex tax challenges. I am interested to hear from the Minister the amount raised in tax by the State from crypto-assets. If he does not have that figure he might give it to me in writing.

Cryptocurrency is becoming increasingly mainstream. I would be interested to hear what steps are being taken to educate and inform the public of the tax obligations when dealing with digital assets. That is really important. Given the international nature of cryptocurrency transactions, it is good to hear the Government has a plan and is collaborating with international partners, and with EU colleagues to ensure tax evasion in the crypto space is effectively addressed. I welcome the Minister's comments and want to ensure we strike the balance between protecting investors and fostering innovation in the crypto space.

Comments

No comments

Log in or join to post a public comment.