Pearse Doherty
Ceist:111. Deputy Pearse Doherty asked the Minister for Finance the estimated revenue which would be generated by the implementation of measures (details supplied). [14877/17]
Amharc ar fhreagraTuesday, 28 March 2017
Ceisteanna (111)
Freagraí scríofa
I am informed by Revenue that the yield from applying a 3% betting duty on remote and in shop bets is estimated at €150m in a full year.
The additional yield from increasing the commission based tax on betting intermediaries to 20% and to 30% is estimated at €0.6m and €1.9m respectively in a full year.
These estimated yields are based on the assumption of no change in behaviour on the part of customers or suppliers of betting services.
As regards the difference between placing the 3% on each bet and on winnings, Revenue has no basis on which to estimate the yield or cost of this change.