Written answers

Tuesday, 6 December 2011

7:00 pm

Photo of Eoghan MurphyEoghan Murphy (Dublin South East, Fine Gael)
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Question 37: To ask the Minister for Finance if he will consider a revenue raising initiative which relates to taxation products and investment policy (details supplied). [38615/11]

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael)
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The Deputy's suggestion is to reduce the current eight year "deemed disposal" period for the imposition of tax on certain investment products. I am assuming the Deputy's suggestion is that any proposed shorter period would apply to all products currently subject to the deemed disposal regime. I thank the Deputy for his suggestion which I will have considered, along with other potential tax measures.

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