Dáil Éireann Debate, Thursday - 13 July 2017
210. Deputy Ruth Coppinger asked the Minister for Finance the estimated amount that could be raised by introducing a financial transactions tax of 0.1% on securities and 0.01% on derivatives as recommended by the European Commission. [34519/17]
View answerIt is not possible from Revenue data to accurately estimate the yield from introducing a financial transactions tax of 0.1% on securities and 0.01% on derivatives. However, the Deputy may be interested to note that the yield from a 0.1% increase in stamp duty transactions on all shares would be in the region of €43 million.
