Results 1-2 of 2 for nama segment:8679291
- Written Answers — Department of Finance: Tax Yield (13 Jul 2023)
Pearse Doherty: 300. To ask the Minister for Finance the estimated revenue raised by introducing a 25% and 50% cap, respectively, on corporation tax loss relief utilised in a single year by NAMA participating banks, and separately, by all banks, in first and full-year terms. [35250/23]
- Written Answers — Department of Finance: Tax Yield (13 Jul 2023)
Michael McGrath: .... I am advised by Revenue that the estimated revenue which could be raised by introducing a 25 percent and 50 percent cap, respectively, on corporation tax loss relief utilised in a single year by NAMA-participating banks and by all banks would be dependent on future profitability, and therefore cannot be estimated. Information can be provided in respect of the years 2019 to 2021 (the...