Departmental Strategies
Dail Éireann — 2023-04-25
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Michael McGrath (FF), Cork South-Central

I am advised by Revenue that the estimated additional full-year revenue generated from a 50% Capital Gains Tax (CGT) rate applying to the taxable gains of individuals with incomes of more than €375,000 would be in excess of €103 million.
This full-year estimate is based on 2020 data, the latest year for which fully analysed data are available. This estimate assumes no change in behaviour by individuals resulting from the increase in the tax rate.

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Record URI: https://data.oireachtas.ie/akn/ie/debateRecord/dail/2023-04-25/debate/main
Retrieved: 2026-08-14T04:51:48+00:00
Sitting date: 2023-04-25