Alice-Mary Higgins (Independent) | Oireachtas source

I move recommendation No. 10:

In page 56, between lines 2 and 3, to insert the following:

“26. The Minister shall, within six months of the passing of this Act, prepare and lay before both Houses of the Oireachtas a report on policy options which could be taken to restrict banks from carrying forward losses against taxability of their current profits of those banks, and where banking profits arise from loans guaranteed by the Minister under the Credit Guarantee (Amendment) Act 2020 and the Credit Guarantee Act 2012, none of their profits being eligible for exemption from taxation under the Deferred Tax Assets Scheme.”.