Jimmy Deenihan (Kerry North, Fine Gael)
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Question 234: To ask the Minister for Finance the level of revenue collected from excise duty on off course betting paid into the Exchequer in 2005; and if he will make a statement on the matter. [23342/06]

Brian Cowen (Laois-Offaly, Fianna Fail)
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I am informed by the Revenue Commissioners that the yield to the Exchequer in 2005 from excise duty on off course betting was €45.85 million. The Deputy may be aware that the betting duty rate will be reduced from 2% to 1% with effect from 1 July 2006 and consequently receipts for 2006 are likely to be less than for 2005.