Jan O'Sullivan (Limerick East, Labour)
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Question 85: To ask the Minister for Finance if there is a Government levy on insurance policies here; if so, the amount raised through this levy; the reason it is imposed; and if he will make a statement on the matter. [36375/08]

Brian Lenihan Jnr (Dublin West, Fianna Fail)
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A 2% stamp duty which was introduced in 1982 is charged on most non-life insurance premiums and is part of the normal stamp duty system. The exceptions are re-insurance, voluntary health insurance, marine, aviation and transit insurance and export credit insurance. The yield to the Exchequer in the most recent two calendar years was as follows.

The purpose of the non-life levy is to broaden the stamp duty base while maintaining low direct tax rates.