Pearse Doherty
Question:64. Deputy Pearse Doherty asked the Minister for Finance the revenue that will be raised in 2014 from the collection of DIRT on the dividends paid to children who save at credit unions. [47534/14]
View answerDáil Éireann Debate, Thursday - 11 December 2014
64. Deputy Pearse Doherty asked the Minister for Finance the revenue that will be raised in 2014 from the collection of DIRT on the dividends paid to children who save at credit unions. [47534/14]
View answerI am informed by the Revenue Commissioners that Deposit Interest Retention Tax (DIRT) on interest bearing deposits is returned on a four-times yearly basis by financial institutions: in April, July and October of the tax year in question and in the following January. Returns for each year are due by 15 January of the following year and the total value of DIRT due and paid is reported to Revenue on the January returns at institutional level. Sufficiently detailed information is not required in these returns to identify the DIRT on the dividends paid to children who save at credit unions.