Tuesday January 21, 2020

The rich get richer when you rig the game

How Michael Noonan’s capital gains and corporation tax exemptions turned property investments into gold

27th May, 2018

Michael Noonan probably won’t be remembered as the man who created the rules that made many a man and woman rich, but today we’ll look at how the waiver on gains that was introduced in 2011 until 2014 stacks up against any other investment.

The rule stated that property that was bought between December 7, 2011 and December 31, 2014 would be free of capital gains tax (CGT), or in the case of...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader



Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.



€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.




90 Day Pass

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Related Stories

Varying interests will be lining up to fight their corner as Europe aims to reorganise and reinvent economic supply chains to ‘reconcile the economy with our planet’

Daniel Murray | 1 month ago

The threat of no-deal has led many businesses to identify and eliminate inefficiencies, allowing them to do more with less

Brian Cremin | 1 month ago

Real conversations about wealth transfer from parents to children are a must – and they should be had in plenty of time

Peter Kinsella | 1 month ago