Brendan Griffin (Kerry, Fine Gael)
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150. To ask the Minister for Finance his views on a matter (details supplied) regarding capital gains tax; and if he will make a statement on the matter. [5921/16]

Michael Noonan (Limerick City, Fine Gael)
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The details supplied include a suggestion that a lower rate of capital gains tax (CGT) be charged "on the first two million", although it is not clear whether this refers to €2 million in gains or total consideration, or whether the amount is viewed as a lifetime limit or applying annually. I do not have any plans currently to introduce such a measure. The details of CGT, including the rate charged, are however kept under review as part of the annual Budget and Finance Bill process.