Capital gains tax 'needs to be reduced' in upcoming Budget, warns PwC Partner

PwC Private Partner Mairead Harborn warned Ireland's notably high capital gains tax risks stifling activity and transactions 

PwC Private Partner Mairead Harbron stressed that Ireland had one of the highest rates of capital gains tax in Ireland

Capital gains tax "needs to be reduced" to avoid stifling activity, PwC has warned. 

In a pre-budget analysis on Wednesday, PwC Private Partner Mairead Harbron stressed that Ireland had one of the highest rates of capital gains tax in Ireland, warning that this could suppress activity and transactions.