Written answers

Wednesday, 18 November 2015

Photo of Peadar TóibínPeadar Tóibín (Meath West, Sinn Fein)
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68. To ask the Minister for Finance the first and full year revenue to be raised from increasing capital gains tax on passive investment to 35%. [40857/15]

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael)
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I am informed by the Revenue Commissioners that, as tax returns do not provide a basis for compiling estimates in relation to the amount of CGT liability separately associated with passive and active activity, it is therefore not possible to provide the information requested by the Deputy.

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