Tuesday, 26 November 2019

Ceisteanna (162)

Brendan Griffin

Ceist:

162. Deputy Brendan Griffin asked the Minister for Finance the value of capital gains tax, capital acquisition tax and dividend withholding tax collected in County Kerry in each of the years from 2015 to 2018 (details supplied); and if he will make a statement on the matter. [48743/19]

Amharc ar fhreagra

Freagraí scríofa (Ceist ar Finance)

I am advised by Revenue that the Capital Gains Tax receipts from individuals located in County Kerry for the years requested by the Deputy can be found at link: https://www.revenue.ie/en/corporate/documents/statistics/receipts/net-receipts-by-county.pdf

The same information for Capital Acquisitions Tax can be found at link: https://www.revenue.ie/en/corporate/documents/statistics/registrations/geographical-breakdown.pdf

Revenue has also confirmed that information on Dividend Withholding Tax paid in respect of dividends on shares held by shareholders located in County Kerry is not separately available. This is because the relevant information is returned by companies rather than individual shareholders.

In general, as the Deputy will be aware, ringfencing certain taxes collected to be used for a specific purpose and in a specific location reduces the flexibility of the Government to prioritise and allocate funds as necessary across the State.