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Ireland · Question · written

PQ 129

120 Mr. R. Bruton asked the Minister for Finance his views on whether the capital tax gains code should be reformed in order that the personal exemption of €1,270 of chargeable gain be subtracted from the chargeable gains of a year of assessment before deciding whether losses brought forward from earlier years should be deducted, in view of the fact that the present rules involve the taxpayer sacrificing the losses carried forward if the chargeable gains do not exceed €1,270; and if he will make a statement on the matter. [18296/04]

askedIreland· Dáil Éireann· EN

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22 June 2004

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22 June 2004

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120 Mr. R. Bruton asked the Minister for Finance his views on whether the capital tax gains code should be reformed in order that the personal exemption of €1,270 of chargeable gain be subtracted from the chargeable gains of a year of assessment before deciding whether losses brought forward from earlier years should be deducted, in view of the fact that the present rules involve the taxpayer sacrificing the losses carried forward if the chargeable gains do not exceed €1,270; and if he will make a statement on the matter. [18296/04]

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