Joanna Tuffy (Dublin Mid West, Labour)
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Question 148: To ask the Minister for Finance the options being considered by the Taxation Commission in relation to retirement lump sums; when he expects a report from the Commission on this issue; and if he will make a statement on the matter. [19700/09]

Brian Lenihan Jnr (Dublin West, Fianna Fail)
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The report of the Commission on Taxation is due to be presented to the Government during the summer and will be published shortly thereafter. The terms of reference of the Commission on Taxation are broadly defined, far reaching and allow for consideration of all aspects of the Irish taxation system. As part of its terms of reference, and as I mentioned in my supplementary budget speech on 7 April last, the Commission is examining various aspects of pension tax treatment, including the treatment of retirement lump sum payments. I am not aware of the particular options being considered by the Commission in this regard but I expect to be dealing with its recommendations in this and other matters in the 2010 budget in December next.