Seanad debates
Thursday, 21 March 2013
Finance Bill 2013 [Certified Money Bill]: Committee and Remaining Stages
2:30 pm
Brian Hayes (Dublin South West, Fine Gael) | Oireachtas source
Senator Mooney asked me a very pertinent question on CGT and he will be delighted to hear we have found the information. The yield in 2002 was ¤415 million, which is about the same as it was in 2011 but it is up from ¤347 million in 2010. In the past two years, it has gone up from ¤347 million to approximately ¤415 million. The current yield only represents 13% of the CGT yield of ¤3.1 billion in 2007. We are only taking in 13% of what was taken in in 2007. It really highlights the degree of the collapse.
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