Irish PM Harris likely to scrap deemed disposal tax in upcoming budget

Irish Taoiseach Simon Harris is expected to yield to political pressure and address the deemed disposal tax on investment funds in the next budget, a levy widely seen as deterring domestic retail investment. The move would mark a policy reversal aimed at boosting local capital markets, though details and fiscal impact remain unconfirmed. This matters as it signals a shift in Ireland's investment climate and could spur retail participation in funds.