Dáil Éireann Debate, Tuesday - 9 June 2015
301. Deputy Tom Fleming asked the Minister for Finance the amount for the first quarter collected by the Exchequer on the stamp duty levy and pension fund assets; and if he will make a statement on the matter. [21432/15]
Amharc ar fhreagraI assume the Deputy is referring to the stamp duty levy on pension fund assets, which was introduced in the Finance (No. 2) Act 2011. The levy applies to the market value on the valuation date, generally 30 June each year, of assets under management in pension funds and pension plans approved under Irish tax legislation and is required to be paid by 25 September each year. It should be noted that payments can be received after the deadline, and at end-March 2015, €1.2 million was collected in respect of the stamp duty levy on pension fund assets. I would point out that the deadline date for payment of the levy this year is 25 September 2015.
