Fiscal Policy
Dail Éireann — 2026-04-21
============================================================

Emer Currie (FG), Dublin West

I thank the Minister of State for his comprehensive response, including the reference to growing exchange-traded funds, which is something I want to see. I welcome the reduction in the exit tax, but the issue that remains is the deemed disposal rule and taxing unrealised gains, which interrupts compounding and undermines long-term savings behaviour. That is something the Tánaiste is looking at. The Minister of State spoke about it earlier.
I also note that new polling by Amárach highlights the resounding public support for Ireland's investment industry, with 90% saying it is important that Ireland remain competitive within the EU investment industry. The people of Ireland understand the value of attracting high-quality, regionally dispersed international jobs and investment. The funds sector has been one of Ireland's real success stories in terms of exports. I ask the Government to commit to action to support and protect this important sector.
Further to recent parliamentary questions I tabled, will the Minister of State provide an update on the transposition of the EU alternative investment fund managers directive in Ireland? This is particularly important in enabling the funds sector to continue to evolve and to develop new retail investment products for Irish savers. If he does not have an update on that now, perhaps he could seek one. In practical terms, Ireland's regulatory system has meant we have the products and solutions investors need and the environment for companies providing these to operate to high standards with commercial success and agility. This has helped transform Ireland into a leading funds management centre in Europe, supporting the export of Irish domiciled funds around the world. This was hard won and is the envy of many other countries.

---

Source: Houses of the Oireachtas. Licensed under CC BY 4.0 (https://creativecommons.org/licenses/by/4.0/). The Official Report is revised after first publication; the fetch timestamp below identifies the version quoted.

Record URI: https://data.oireachtas.ie/akn/ie/debateRecord/dail/2026-04-21/debate/main
Retrieved: 2026-09-21T01:01:08+00:00
Sitting date: 2026-04-21