67 Ms M. McGennis asked the Minister for Finance if he is considering, in the context of the Finance Bill, the capital acquisition tax treatment of children whose adoptions in other states are currently unrecognised here; the communication, if any, he has had on this matter from the Department of Health and Children during 1999; and if he will make a statement on the matter. [24803/99]

Where a child receives an inheritance or gift from a parent and has received no previous gifts or inheritances from any source since 2 December 1988, a tax free threshold of £192,900 applies for capital acquisitions tax purposes.

Children adopted under the law of a foreign state, where the adoption is recognised in Ireland, have the same rights as any child adopted in the state and can avail of this threshold of £192,900.