Pearse Doherty (Donegal South West, Sinn Fein)
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119. To ask the Minister for Finance the capital gains tax payable here by Wilbur Ross following his selling of shares at Bank of Ireland. [27981/14]

Michael Noonan (Limerick City, Fine Gael)
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I am informed by the Revenue Commissioners that whether or not a capital gains tax charge arises in the State on a gain made by any individual on the disposal of Bank of Ireland shares depends on whether the individual making the disposal is resident or ordinarily resident in the State in the year in which the disposal takes place. If the individual is resident or ordinarily resident in the State any chargeable gain, calculated in accordance with the Taxes Consolidation Act 1997, would be subject to capital gains tax at a rate of 33%. If the individual is neither resident nor ordinarily resident in the State capital gains tax would not be due on the disposal.

You will be aware that the Revenue Commissioners do not disclose information in relation to the tax affairs of any person.