Written answers
Thursday, 26 March 2009
Department of Finance
Tax Yield
4:00 pm
James Bannon (Longford-Westmeath, Fine Gael)
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Question 40: To ask the Minister for Finance his estimate of the value of tax receipts on newly built property not yet sold which would accrue to the Exchequer if this property is sold distinguishing the number of unsold properties and the average tax revenue that would be released by their sale. [12520/09]
Brian Lenihan Jnr (Dublin West, Fianna Fail)
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The Department of Finance does not have relevant statistics on which to base an assessment of the value of tax receipts on newly built property not yet sold which would accrue to the Exchequer if this property is sold. I have also been informed by the Revenue Commissioners that they have no information on which to base an estimate such as this. In these circumstances it is therefore not possible to estimate the potential yield from this request.
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