237 Ms Burton asked the Minister for Finance his views on the increasing number of high net worth individuals avoiding capital acquisitions tax on multi-million euro house transfers due to children using the property as their residence for three years plus; if an audit of such transactions has been conducted by the Revenue Commissioners; the number of such transactions that have taken place for each of the years 2004, 2005 and 2006; if he will estimate the sum of capital acquisitions tax avoided in this manner for each of the above years; and if he will make a statement on the matter. [12475/07]

Summary

237 Ms Burton asked the Minister for Finance his views on the increasing number of high net worth individuals avoiding capital acquisitions tax on multi-million euro house transfers due to children using the property as their residence for three years plus; if an audit of such transactions has been conducted by the Revenue Commissioners; the number of such transactions that have taken place for each of the years 2004, 2005 and 2006; if he will estimate the sum of capital acquisitions tax avoided in this manner for each of the above years; and if he will make a statement on the matter. [12475/07]

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• Tax Code.

  xml · EN · 3 April 2007

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