368. Deputy Tom Brabazon asked the Tánaiste and Minister for Finance the financial, economic or other advice his Department has received regarding the operation and impact of the deemed disposal regime; the recommendations that have been made arising from this advice; and if he will make a statement on the matter. [64233/26]

369. Deputy Tom Brabazon asked the Tánaiste and Minister for Finance the reasons reform of the deemed disposal regime for investment funds is not expected to take effect until Budget 2028; whether consideration was given to introducing reforms at an earlier date; and if he will make a statement on the matter. [64232/26]

370. Deputy Tom Brabazon asked the Tánaiste and Minister for Finance whether he is considering the abolition or substantial reform of the current deemed disposal regime, including alternatives to the requirement for investors to account for tax on unrealised gains at prescribed intervals; and if he will make a statement on the matter. [64236/26]

371. Deputy Tom Brabazon asked the Tánaiste and Minister for Finance the changes he plans to make to the taxation of investment funds and the deemed disposal regime in advance of Budget 2028; whether any interim reforms are under consideration; and if he will make a statement on the matter. [64235/26]

I propose to take Questions Nos. 368, 369, 370 and 371 together.

The recently published Roadmap on the taxation of retail investment a section setting out areas for further review and identifies three key policy levers for examination.

These levers have the potential to simplify the current taxation regime, while maintaining a well-functioning regime for investment funds and life assurance products, which can continue to contribute to Ireland’s success in the financial services sector.

The levers are:

• Reduce the rate of taxation

• Review the deemed disposal rule

• Introduce administrative simplification.

These levers will be considered as part of the reform of the existing regime for the taxation of retail investments and are separate to the introduction of the investment account in Budget 2027.

As outlined in the recently published roadmap, measures of this nature are considered as part of the annual budgetary process and, in line with usual budget process, there will be no commentary on individual budget decisions or prejudging of future decisions ahead of October. Any decision has to consider the budget ceilings agreed by Government, and the range of options across the entire tax system.