Dáil Éireann Debate, Tuesday - 25 July 2023
332. Deputy Cian O'Callaghan asked the Minister for Finance if he will provide an update on the amount paid to the Exchequer to date in 2023 from the 10% stamp duty charge on the multiple purchase of houses; the number of residential units it was applied to; and if he will make a statement on the matter. [37052/23]
View answerThe application of the 10% rate of stamp duty to certain acquisitions of residential property is provided for in section 31E of the Stamp Duties Consolidation Act 1999, as introduced by the Finance (Covid-19 and Miscellaneous Provisions) Act 2021.
I am advised by Revenue that approximately €4.7 million in Stamp Duty was collected under this section from the beginning of 2023 to end-May, the latest period for which data are available, in respect of the acquisition of 167 properties.
