Tuesday, 15 May 2018

Questions (190, 192)

Pearse Doherty

Question:

190. Deputy Pearse Doherty asked the Minister for Finance the estimated revenue that would be raised by increasing capital acquisitions tax to 34%, 35% and 36%, respectively. [21217/18]

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Pearse Doherty

Question:

192. Deputy Pearse Doherty asked the Minister for Finance the estimated revenue that would be raised by increasing the stamp duty on share transactions from 1% to 1.1%, 1.2%, 1.3% and 1.4%, respectively. [21219/18]

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Written answers (Question to Finance)

I propose to take Questions Nos. 190 and 192 together.

I am advised by Revenue that a Ready Reckoner is available on the Revenue Statistics webpage at www.revenue.ie/en/corporate/information-about-revenue/statistics/ready-reckoner/index.aspx. This Ready Reckoner shows a wide range of detailed information, including changes to the Capital Acquisitions Tax rate (page 15) and changes to Stamp Duty rate on share transactions (page 18). While the Ready Reckoner does not show all of the specific costings requested by the Deputy, others can be estimated from those shown on a pro-rata or straight line basis with those displayed in the Ready Reckoner.