Darren O'Rourke
Ceist:144. Deputy Darren O'Rourke asked the Tánaiste and Minister for Finance if he intends to reform deemed disposal tax rules for Irish Investors. [67872/26]
Amharc ar fhreagraTuesday, 29 September 2026
Ceisteanna (144, 168, 169, 171)
Aisling Dempsey
Ceist:168. Deputy Aisling Dempsey asked the Tánaiste and Minister for Finance if he has plans to remove the eight-year deemed disposal rule on investments. [68280/26]
Amharc ar fhreagra
Erin McGreehan
Ceist:169. Deputy Erin McGreehan asked the Tánaiste and Minister for Finance his plans to bring forward changes to the current provisions for deemed disposal as part of Budget 2027. [68264/26]
Amharc ar fhreagra
Joe Neville
Ceist:171. Deputy Joe Neville asked the Tánaiste and Minister for Finance if his Department has plans to introduce reforms surrounding deemed disposals in the upcoming Budget. [68576/26]
Amharc ar fhreagraFreagraí scríofa
I propose to take Questions Nos. 144, 168, 169 and 171 together.
The final report of the Funds Review, Funds Sector 2030: A Framework for Open, Resilient and Developing Markets Final Report, made recommendations regarding the taxation of investments, including in terms of the deemed disposal rule. It also noted that any changes to the deemed disposal rule require guardrails to protect the Exchequer and ensure that appropriate tax is paid.
As outlined in the recently published Roadmap for Taxation of Retail Investment, measures of this nature are considered as part of the annual budgetary process. Any decision has to consider the Budget ceilings agreed by Government, and the range of options across the entire tax system.
A key aspect of the Roadmap was the confirmation of the key parameters of the proposed new investment account, designed to facilitate increased retail investments. I can confirm that the deemed disposal rule and other relevant investment taxes will not apply to the investment account. Instead, there will be a tax-free threshold, and a low rate of tax applicable to value of the account over the tax-free threshold. Providers will be responsible for operating the tax for investors.