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Exchequer Revenue

Dáil Éireann Debate, Tuesday - 15 July 2014

Tuesday, 15 July 2014

Ceisteanna (227)

Pearse Doherty

Ceist:

227. Deputy Pearse Doherty asked the Minister for Finance the partial and full-year revenue that would be raised for the Exchequer by increasing the stamp duty on share transactions from 1% to 1.5%. [31247/14]

Amharc ar fhreagra

Freagraí scríofa

I am advised by the Revenue Commissioners that the full year yield to the Exchequer from increasing Stamp Duty on share transactions from 1% to 1.5%, by reference to the expected 2014 outturn, is estimated to be in the region of an additional €143 million.  A partial estimate is not provided as Stamp Duty is payable at time of transfer of the relevant stock or marketable security.

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