25 Ms Burton asked the Minister for Finance his views on the increasing number of high net worth persons avoiding capital acquisitions tax on multi-million house transfers as a consequence of section 86 of the Capital Acquisitions Tax Consolidation Act 2003 and the increasing use of licensing arrangements in respect of land transfer and development land deals, thereby avoiding capital taxation, including stamp duty; the number of house properties and estates and the number of land transfer and development schemes qualifying for the avoidance of capital taxes for each year from 2000 to date in 2006; and if he will make a statement on the matter. [25179/06]

Summary

25 Ms Burton asked the Minister for Finance his views on the increasing number of high net worth persons avoiding capital acquisitions tax on multi-million house transfers as a consequence of section 86 of the Capital Acquisitions Tax Consolidation Act 2003 and the increasing use of licensing arrangements in respect of land transfer and development land deals, thereby avoiding capital taxation, including stamp duty; the number of house properties and estates and the number of land transfer and development schemes qualifying for the avoidance of capital taxes for each year from 2000 to date in 2006; and if he will make a statement on the matter. [25179/06]

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Timeline

1. 28 June 2006

   Tax Code.

   25 Ms Burton asked the Minister for Finance his views on the increasing number of high net worth persons avoiding capital acquisitions tax on multi-million house transfers as a consequence of section 86 of the Capital Acquisitions Tax Consolidation Act 2003 and the increasing use of licensing arrangements in respect of land transfer and development land deals, thereby avoiding capital taxation, including stamp duty; the number of house properties and estates and the number of land transfer and development schemes qualifying for the avoidance of capital taxes for each year from 2000 to date in 2006; and if he will make a statement on the matter. [25179/06]

   Source: oral

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• Tax Code.

  xml · EN · 28 June 2006

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• Joan Burton · Asking member
• Minister for Finance · Minister for Finance · Addressed to

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