Michael McGrath (Cork South Central, Fianna Fail)
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157. To ask the Minister for Finance the cost of increasing the overall limit of €1 million in chargeable gains for qualifying for capital gains tax entrepreneur relief to €5 million, €10 million and €15 million. [45226/15]

Michael McGrath (Cork South Central, Fianna Fail)
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158. To ask the Minister for Finance the cost of reducing the capital gains tax entrepreneur relief rate from 20% to 10% while increasing the limit for chargeable gains to €5 million, €10 million and €15 million; and if he will make a statement on the matter. [45227/15]

Michael Noonan (Limerick City, Fine Gael)
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I propose to take Questions Nos. 157 and 158 together.

I am informed by the Revenue Commissioners that, as tax returns do not separately identify "entrepreneurial" gains from other gains, there are no data available to accurately cost these proposed measures. However, on the basis of making various assumptions, it is very tentatively estimated that the cost of increasing the overall limit of €1 million in chargeable gains qualifying for Capital Gains Tax Entrepreneur Relief to €5 million, €10 million and €15 million would likely exceed €20 million, €27 million and €30 million respectively.

It is further estimated that the cost of reducing the Capital Gains Entrepreneurial Relief rate from 20% to 10% while increasing the limit for chargeable gains to €5 million, €10 million and €15 million would likely exceed €56 million, €69 million and €74 million respectively.

These estimates assume no behavioural change.