The new chairman of the Irish Venture Capital Association (IVCA) has claimed that the current capital gains tax (CGT) doesn't take into account the competition Irish start-ups face in seeking out investment.
John Flynn, managing director of ACT Venture Capital and the IVCA's new chairman, told *The Sunday Business Post* that the current CGT rate of 33 per cent doesn't differentiate between investments.
''We feel that CGT is too blunt. It's not tailored to take into...
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