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Tax Yield

Dáil Éireann Debate, Wednesday - 25 September 2013

Wednesday, 25 September 2013

Questions (65)

Pearse Doherty

Question:

65. Deputy Pearse Doherty asked the Minister for Finance the amount of revenue raised per quarter in 2013 from the 3% increase in capital gains tax introduced in Budget 2013. [39890/13]

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Written answers

The budget change referred to in the question was estimated to yield €50 million in 2013. However, I am informed by the Revenue Commissioners that figures of capital gains tax receipts are not captured in such a manner as would enable the impact of this change to be separately identified. It may be noted that as this change applied to disposals made after 5 December, 2012 the bulk of capital gains tax receipts affected by the change are not due for payment until 15 December, 2013.

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