Seanad debates

Tuesday, 3 December 2019

Finance Bill 2019: Committee Stage (Resumed)

 

2:30 pm

Photo of Paul GavanPaul Gavan (Sinn Fein) | Oireachtas source

I move recommendation No. 8:

In page 50, between lines 32 and 33, to insert the following:

“29. Within 7 months of the passing of this Act, the Minister shall produce a report on the potential introduction of a financial transactions tax to include a consideration of—

(a) the potential for Ireland to demonstrate European and global leadership on this issue,

(b) the potential revenue deriving from a financial transactions tax of 0.1 per cent on shares and securities and 0.01 per cent on derivatives.”.

I wish to withdraw the recommendation, with leave to resubmit on Report Stage.

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