Is the 41% Exit Tax Soon to be Scrapped? Michael McGrath to Review

It would be good if we had at least 1 TD who understands this change and is in the Dail raising it.
 
Jim O Callaghan , minister for justice actually does understand it and asked a pertinent question regarding ETF taxation a few years ago when he was a backbencher of Pascal Donohue the then minister for finance. Donohue gave a factually incorrect reply and was just spouting off a departmental reply he was given, his normal tactic is to waste time repeating the question asked rather than just starting with the actual response using up most of the time given without properly addressing the topic asked
 
Haven said:
It would be good if we had at least 1 TD who understands this change and is in the Dail raising it.
Click to expand...

I would say there are very few TDs in government or opposition who don't understand,
The also understand scrapping the -41% exit tax could push up Deposit Rates leading to increased mortgage rates
money moving out of the pillar Banks could make it harder to get approval for new mortgages in the middle of a housing crises,
I suspect it is along these lines why it is not raised by any TD,
no party will take a chance on getting it wrong for now,
 
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>Recommendations 22 and 23 of the Fund Review Report include consideration of the removal of the eight-year deemed disposal requirement for Irish domiciled funds and life products [...]

So, can you buy, e.g. Luxembourg-domiciled ETFs, without 8 year DD?
 
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