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Ireland · Question · written

PQ 91

97 Deputy Kevin Humphreys asked the Minister for Finance the projected loss to the Exchequer due to the capital gains exemption introduced for the sale of any commercial property that takes place up to 2013 which is not resold for seven years; if the incentive relief will apply in perpetuity, for example, if a property bought in 2012 is not sold for 50 years, whether no capital gains will apply in 2062, and if not, if he will indicate the way the capital gains exempt from tax for the seven year period will be assessed; and if he will make a statement on the matter. [39883/11]

askedIreland· Dáil Éireann· EN

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13 December 2011

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13 December 2011

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97 Deputy Kevin Humphreys asked the Minister for Finance the projected loss to the Exchequer due to the capital gains exemption introduced for the sale of any commercial property that takes place up to 2013 which is not resold for seven years; if the incentive relief will apply in perpetuity, for example, if a property bought in 2012 is not sold for 50 years, whether no capital gains will apply in 2062, and if not, if he will indicate the way the capital gains exempt from tax for the seven year period will be assessed; and if he will make a statement on the matter. [39883/11]

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