363. Deputy Colm Burke asked the Minister for Finance if consideration will be given to reviewing the deemed disposal tax on exchange traded funds, ETFs, taking into account that the 41% tax on ETF gains every eight years is discouraging long-term investment and hindering the financial growth of lower-income investors and first-time young investors, in view of the fact that a reduction or eradication of this tax will benefit Irish investors and taxes on gains that compound over decades would be more likely to see higher tax revenues than the current tax receives; and if he will make a statement on the matter. [35402/24]

Summary

363. Deputy Colm Burke asked the Minister for Finance if consideration will be given to reviewing the deemed disposal tax on exchange traded funds, ETFs, taking into account that the 41% tax on ETF gains every eight years is discouraging long-term investment and hindering the financial growth of lower-income investors and first-time young investors, in view of the fact that a reduction or eradication of this tax will benefit Irish investors and taxes on gains that compound over decades would be more likely to see higher tax revenues than the current tax receives; and if he will make a statement on the matter. [35402/24]

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• Tax Code

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