Results 1-3 of 3 for 5 million segment:2102925

Financial Resolution No. 2: Income Tax. (7 Dec 2005)

Seán Ardagh: ...on the loans used to buy the shares in these property rental companies. It is appropriate that this interest relief is disallowed. The estimated yield for 2007 in respect of this resolution is €5 million. Given the extent to which major property magnates are purchasing properties abroad, I am sure we could have lost far in excess of this sum. The Taoiseach said this is only an estimate...

Financial Resolution No. 2: Income Tax. (7 Dec 2005)

Pat Rabbitte: I see. I notice that the yield is negligible. I fully understand it cannot be retrospective but that in a full year it is estimated to bring in about €5 million. I am happy to support that resolution.

Financial Resolution No. 2: Income Tax. (7 Dec 2005)

Bertie Ahern: ...of treatment for tax purposes for all Irish resident employees, regardless of nationality. The change will take effect from 1 January. The yield from the measure is estimated at more than €50 million in 2006. I recommend the resolution to the House. Financial Resolution No. 3 also concerns income tax. It is a curtailment of relief on loans used for acquiring interest in companies. The...