Dáil Éireann Debate, Tuesday - 27 September 2016
196. Deputy Ruth Coppinger asked the Minister for Finance the amount that could be raised by restoring stamp duty on commercial property transactions to the previous rate of 6%; and if he will make a statement on the matter. [26989/16]
View answer197. Deputy Ruth Coppinger asked the Minister for Finance the amount that could be raised by increasing stamp duty on commercial property transactions to 10%. [26990/16]
View answer198. Deputy Ruth Coppinger asked the Minister for Finance the amount that could be raised annually by increasing stamp duty on shares to 4% or 5%. [26991/16]
View answerI propose to take Questions Nos. 196 to 198, inclusive, together.
I am advised by Revenue that the projected yields from increasing the current rate of stamp duty on commercial property from 2% to 6% or 10% could be in the region of €468 million and €936 million respectively.
The projected yield from increasing the current rate of stamp duty on shares from 1% to 4% or 5% could be in the region of €1,320 million and €1,760 million respectively.
