Friday, 6 September 2019

Ceisteanna (58)

Richard Boyd Barrett

Ceist:

58. Deputy Richard Boyd Barrett asked the Minister for Finance the estimated amount of revenue generated by applying the financial transactions tax currently applied in a number of EU countries to financial transactions here. [34713/19]

Amharc ar fhreagra

Freagraí scríofa (Ceist ar Finance)

I am advised by the Revenue Commissioners that it is not possible to accurately estimate from data held by Revenue the yield of a financial transactions tax.  The Deputy may be interested to note, however, that the yield from the Irish stamp duty of 1% on transactions in shares, stocks and marketable securities was €420.7m in 2018 and €425.3m in 2017.