Pearse Doherty
Question:227. Deputy Pearse Doherty asked the Minister for Finance the partial and full-year revenue that would be raised for the Exchequer by increasing the stamp duty on share transactions from 1% to 1.5%. [31247/14]
View answerTuesday, 15 July 2014
Questions (227)
Written answers
I am advised by the Revenue Commissioners that the full year yield to the Exchequer from increasing Stamp Duty on share transactions from 1% to 1.5%, by reference to the expected 2014 outturn, is estimated to be in the region of an additional €143 million. A partial estimate is not provided as Stamp Duty is payable at time of transfer of the relevant stock or marketable security.