Revenue Commissioners

Dáil Éireann Debate, Thursday - 11 May 2017

Thursday, 11 May 2017

Ceisteanna (70)

Róisín Shortall

Ceist:

70. Deputy Róisín Shortall asked the Minister for Finance if price data for land purchases are filed with the Revenue Commissioners; if so, the circumstances under which this is collected, for example, as part of stamp duty requirements; if it is usually filed electronically; if the zoning, area, current primary use or other details of the land in question are collected as part or the same process; and the location which the price data and other data are currently published. [22521/17]

Freagraí scríofa

Minister for Finance

I am advised by Revenue that information regarding purchases of land (non-residential / commercial property) is collected by Revenue through Stamp Duty returns that are filed via Revenue’s e-Stamping System.

In relation to land the filer must indicate if the land falls within any of the following categories –

- Site only

- Agricultural land

- Non-Agricultural land

- New Commercial / Industrial Premises

- Second-hand Commercial / Industrial Premises.

The address of the property must be provided together with the land area in hectares where the land is site only, agricultural land or non-agricultural land. Data in relation to zoning or current primary use is not captured.

Certain information collected by Revenue from returns filed in respect of non-residential property is exchanged with the Valuation Office and the Central Statistics Office. Certain information collected by Revenue from Stamp Duty returns relating to the purchase of residential property is exchanged with the Property Services Regulatory Authority and the Central Statistics Office.