Michael McGrath (Cork South Central, Fianna Fail)
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174. To ask the Minister for Finance the estimated full-year cost of reducing the effective tax rate on dividends to 32%; and if he will make a statement on the matter. [36817/18]

Paschal Donohoe (Dublin Central, Fine Gael)
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It is assumed that the Deputy is referring to introducing a 32% flat tax rate on dividend income from Irish resident companies to replace all Income Tax, USC and PRSI currently collected.

I am advised by Revenue that based on tax returns for 2016 and the yield from Dividend Withholding Tax for the same year, a tentative estimate of the potential tax gain from imposing a flat tax rate of 32% on dividend income is in the region of €70 million.

Michael McGrath (Cork South Central, Fianna Fail)
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175. To ask the Minister for Finance the estimated full-year cost of reducing the capital gains tax rate to 20%; and if he will make a statement on the matter. [36818/18]

Michael McGrath (Cork South Central, Fianna Fail)
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177. To ask the Minister for Finance the estimated full-year cost of reducing the capital gains tax rate on the disposal of small and medium enterprise, SME, shares from 33% to 10%; and if he will make a statement on the matter. [36820/18]

Michael McGrath (Cork South Central, Fianna Fail)
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178. To ask the Minister for Finance the estimated full-year cost of reducing the capital gains tax rate on employment and investment incentive scheme qualifying investment or equivalent gains from 33% to 0%; and if he will make a statement on the matter. [36821/18]

Paschal Donohoe (Dublin Central, Fine Gael)
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I propose to take Questions Nos. 175, 177 and 178 together.

I am informed by Revenue that estimates of the Exchequer impact from changes to the rate of Capital Gains Tax (CGT) can be found in the Revenue Ready-Reckoner at .  While the Ready Reckoner does not show the cost of reducing the rate to 20% as requested by the Deputy, it can be estimated on a pro-rata or straight-line basis with the costings that are shown.

As such and on a straight line basis it is estimated that the approximate cost of reducing the capital gains tax rate to 20% would be in the region of €442 million. It should be noted that these costs are estimated on the basis of no behavioural change. 

In relation to Questions 36820-18 and 36821-18, Revenue does not have the necessary data to separately identify CGT in respect of the disposal of SME shares or qualifying investments in the Employment and Investment Incentive Scheme. Therefore, there is no basis available to Revenue on which to cost the proposals requested by the Deputy.