Cantor Fitzgerald Ireland Limited

Intent: Seeking normalisation of tax treatment of investment funds vis a vis tax treatment of other financial assets (e.g. deemed disposal, CGT vs Fund Tax).Benefits include:Increase the tax received by the exchequer over the long term via higher compound returns;Alignment of regulatory and taxation policies to further protect the retail investor by encouraging investment in diversified funds (the optimal structure for retail investors)Lower the cost of investing for the retail sector;::Enable retail investors to access higher yielding cash returns - exit tax greatly reduces the incentive to move from zero yielding deposits to higher yielding risk-free funds Foster an investment culture in the state - removing disincentives to invest and save can only benefit the country in the long run

Methods: Meeting