Jimmy Deenihan (Kerry North, Fine Gael)
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Question 127: To ask the Minister for Finance if he will explain the reason a person should have to pay the Government levy on a credit card drawn on a UK bank; and if he will make a statement on the matter. [20941/09]

Brian Lenihan Jnr (Dublin West, Fianna Fail)
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I have been informed by the Revenue Commissioners that section 124 of the Stamp Duties Consolidation Act 1999 provides for a stamp duty charge in respect of credit cards.

The primary determining factor in establishing a charge to stamp duty on a credit card is that the individual credit card holder has an address in the State. Accordingly, where an individual has an address in the State a charge to stamp duty applies in respect of a credit card issued by a bank (including a UK bank) to that individual.