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Ireland · Question · written

PQ 93

89 Deputy Bernard J. Durkan asked the Minister for Finance notwithstanding his reply to previous parliamentary questions in the matter, the way it can be determined that a person (details supplied) in County Kildare is deemed not eligible for refund of interest paid to lending institutions on foot of money borrowed to meet capital gains tax requirements set out by the Revenue Commissioners, which was subsequently abandoned due to failure of contract given that the person was without use of funds to the extent of €700,000 interest during the period in question; if these issues can now be reconsidered in view of the serious penalty imposed on the taxpayer; and if he will make a statement on the matter. [3200/11]

askedIreland· Dáil Éireann· EN

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20 January 2011

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20 January 2011

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89 Deputy Bernard J. Durkan asked the Minister for Finance notwithstanding his reply to previous parliamentary questions in the matter, the way it can be determined that a person (details supplied) in County Kildare is deemed not eligible for refund of interest paid to lending institutions on foot of money borrowed to meet capital gains tax requirements set out by the Revenue Commissioners, which was subsequently abandoned due to failure of contract given that the person was without use of funds to the extent of €700,000 interest during the period in question; if these issues can now be reconsidered in view of the serious penalty imposed on the taxpayer; and if he will make a statement on the matter. [3200/11]

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