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Tax Yield

Dáil Éireann Debate, Wednesday - 24 June 2015

Wednesday, 24 June 2015

Questions (98)

Peadar Tóibín

Question:

98. Deputy Peadar Tóibín asked the Minister for Finance the revenue that would be raised for the Exchequer by increasing the once-off charge for establishing a discretionary trust by 1%, and the annual charge for a trust from 1% to 1.5%. [25271/15]

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Written answers

I am informed by the Revenue Commissioners that the estimated full year yield to the Exchequer from the suggested increase in the once-off charge could be in the region of €0.3 million and from the annual charge rate of 1% to 1.5% could be in the region of €0.4 million.

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