Written answers
Thursday, 24 September 2009
Department of Finance
Tax Code
5:00 am
Richard Bruton (Dublin North Central, Fine Gael)
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Question 44: To ask the Minister for Finance the basic principles that will be used in deciding the tax base for the proposed 80% tax on windfall gain from rezoning; and if he will make a statement on the matter. [32773/09]
Brian Lenihan Jnr (Dublin West, Fianna Fail)
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The proposed 80% windfall tax to which the Deputy refers is being considered as part of the NAMA legislation and it will be discussed at Committee Stage of the Bill. The analysis of the Commission on Taxation will help inform my consideration of the measure.
However, it is not customary for the Minister of Finance to comment on the possible details of tax changes prior to publication of the legislation.
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