Written answers
Tuesday, 22 September 2015
Department of Finance
Tax Code
Tom Fleming (Kerry South, Independent)
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305. To ask the Minister for Finance his plans in the forthcoming budget to substantially reduce the 33% capital gains tax on any gains arising on the disposal of shares as this rate is a disincentive to starting business and creating jobs; and if he will make a statement on the matter. [30672/15]
Michael Noonan (Limerick City, Fine Gael)
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Preparations for Budget 2016 and the consequent Finance Bill are ongoing. It would not be appropriate for me to comment on what changes, if any, are being considered to the CGT rate or any other tax measure.
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