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Written Answers — Department of Finance: Tax Reliefs (28 Feb 2023): Pearse Doherty: 214. To ask the Minister for Finance the estimated revenue 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 all banks, respectively. [9574/23]
Written Answers — Department of Finance: Tax Reliefs (28 Feb 2023): Michael McGrath: ...as sell-downs complete. The estimated revenue which could be raised by introducing a 25 percent or 50 percent cap, respectively, on corporation tax loss relief utilised in a single year, either by NAMA participating banks only or by all banks, would be dependent on the future profitability of the banks and therefore cannot accurately be forecast. It is possible to estimate the annual...

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