242. Deputy Ged Nash asked the Minister for Finance the estimated additional revenue that would be raised by increasing the 2% stamp duty charged on residential property deals worth more than €1 million to 17% in line with the rate in the UK; his views on the appraisal by the Tax Strategy Group that the current rate is low; the action he plans to take in Budget 2021 to address the matter; and if he will make a statement on the matter. [25121/20]

Summary

242. Deputy Ged Nash asked the Minister for Finance the estimated additional revenue that would be raised by increasing the 2% stamp duty charged on residential property deals worth more than €1 million to 17% in line with the rate in the UK; his views on the appraisal by the Tax Strategy Group that the current rate is low; the action he plans to take in Budget 2021 to address the matter; and if he will make a statement on the matter. [25121/20]

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• Tax Yield

  xml · EN · 22 September 2020

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