Seanad debates

Wednesday, 10 December 2014

Finance Bill 2014: Committee Stage

 

12:25 pm

Photo of Caít KeaneCaít Keane (Fine Gael) | Oireachtas source

In section 24, there was an increase in the minimum required holding period in shares from three to four years for the employment investment incentive scheme. There is no amendment to section 24, and my question relates to taxes, which is why I am raising it here. Does that apply to people who thought their investment was up this year? Do they have another year to run, or does the four-year period apply only to new investors starting from when the legislation is enacted?

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