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Dáil Éireann debate -
Tuesday, 26 Nov 1974

Vol. 276 No. 2

Ceisteanna—Questions. Oral Answers. - Oil Products Duties.

8.

asked the Minister for Finance if he considers that the fiscal duties on oil products are now becoming counter-productive.

The answer is "no". When the present rates of duty were imposed in May, 1969, they represented 68.7 per cent of the retail price of standard petrol whereas now they represent 42.6 per cent.

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