Pearse Doherty (Donegal, Sinn Fein)
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253. To ask the Minister for Finance how foreign earnings are treated for capital acquisitions tax purposes. [40699/25]

Paschal Donohoe (Dublin Central, Fine Gael)
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I assume that the Deputy’s reference to “foreign earnings” relates to income derived from a foreign employment.

Capital Acquisitions Tax (CAT) is a tax on gifts and inheritances that arises when a person receives a benefit without paying full consideration for that benefit. An income received from a person’s employer in consideration for the performance of employment duties is not within the scope of CAT, regardless of whether the income relates to an Irish employment or a foreign employment.