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Dáil Éireann Debate, Thursday - 8 September 2022

Thursday, 8 September 2022

Questions (349)

Ged Nash

Question:

349. Deputy Ged Nash asked the Minister for Finance the estimated cost to the Exchequer of removing stamp duty applied to ATM withdrawals; and if he will make a statement on the matter. [42577/22]

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Written answers

I am advised by Revenue that information on stamp duty receipts in respect of ATM cards and Combined Debit/ATM cards is published on the Revenue website at: www.revenue.ie/en/corporate/information-about-revenue/statistics/receipts/receipts-stamp-duty.aspx.

While the stamp duty receipts in respect of ATM Cards relate solely to ATM transactions, the receipts in respect of Combined Cards include amounts due in respect of both ATM and Debit transactions. As only the aggregate amount due in respect of all transactions on these cards is returned, Revenue does not have the information necessary to provide the individual cost of eliminating the duty on ATM withdrawals.

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