Written answers
Thursday, 11 December 2008
Department of Finance
Tax Code
8:00 pm
Denis Naughten (Roscommon-South Leitrim, Fine Gael)
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Question 70: To ask the Minister for Finance his plans to review the capital gains tax regime; and if he will make a statement on the matter. [45071/08]
Brian Lenihan Jnr (Dublin West, 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 my recent Budget and Finance Bill (as initiated). These include changes to the payment dates in respect of disposals made on or after 14 October 2008 and also an increase in the rate of capital gains tax from 20% to 22%.
I have no plans at this time to make further changes to the capital gains tax code.
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