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Tax Yield

Dáil Éireann Debate, Tuesday - 30 April 2013

Tuesday, 30 April 2013

Questions (175)

Pearse Doherty

Question:

175. Deputy Pearse Doherty asked the Minister for Finance if a breakdown will be provided on capital acquisitions tax in 2012 as to the percentage that came from inheritance and the percentage from gifts. [20057/13]

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Written answers

I am informed by the Revenue Commissioners that the net receipt of Capital Acquisitions Tax in 2012 was €283.2 million and a breakdown of that amount is as follows:

-

Amount - €m

% of total - %

Discretionary Trusts

2.9

1.0

Inheritance tax

254.3

89.8

Gift tax

25.8

9.1

Probate

0.2

0.1

Total

283.2

100.0

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