Michael Fitzmaurice (Roscommon-Galway, Independent)
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137. To ask the Minister for Finance the number of residential units which have been the subject of applications for capital gains tax relief, which was introduced in budget 2012 and applied to property for the first seven years of ownership for properties bought between 7 December 2011 and the end of 2014, where the property is held for more than seven years. [14521/16]

Michael Noonan (Limerick City, Fine Gael)
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I am informed by the Revenue Commissioners that as this scheme was only introduced in Budget and Finance Act 2012, and to qualify for the relief an individual must hold the property for seven years, it is not yet possible for any application to be made for relief under the scheme, nor is it possible to estimate how many applications will be made in the future.