Written answers
Thursday, 3 March 2005
Department of Finance
Tax Code
5:00 pm
Olwyn Enright (Laois-Offaly, Fine Gael)
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Question 13: To ask the Minister for Finance if he plans changes in the capital gains tax code. [7072/05]
Brian Cowen (Laois-Offaly, Fianna Fail)
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As the Deputy may be aware, I have made a number of changes to the capital gains tax code in the 2005 Finance Bill, as initiated. These include provisions relating to the 15% deduction from the consideration on the disposal of certain assets, to the updating of the titles of certain bodies which are exempt from capital gains tax and to an exemption for foreign pension bodies doing pensions business in the State.
I have no proposals to make any further changes to the capital gains tax code in the 2005 Finance Bill.
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