Tommy Broughan (Dublin North East, Labour)
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Question 50: To ask the Minister for Finance the cost to the Exchequer from commercial property tax exemptions in 2006, 2007 and 2008; and if he will make a statement on the matter. [32811/09]

Brian Lenihan Jnr (Dublin West, Fianna Fail)
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I am informed by the Revenue Commissioners that the relevant information available relates to the cost to the Exchequer of tax relief in respect of a range of property-based incentives derived from personal income tax returns filed by non-PAYE taxpayers and corporation tax returns filed by companies for 2006 and 2007. The information on estimated costs is set out on an itemised basis in the following table:

*New addition for 2007.

I am advised by the Revenue Commissioners that they are not in a position to provide data for 2008 as the tax returns for that year are not yet due. The estimated relief claimed has assumed tax foregone at the 42% rate for 2006 and 41% for 2007 in the case of individuals and 12.5% in the case of companies for both years. The figures shown correspond to the maximum Exchequer cost in terms of income tax and corporation tax.

It should be noted that any corresponding data returned by PAYE taxpayers in the income tax return form 12 is not captured in the Revenue computer system. However, any PAYE taxpayer with non-PAYE income greater than €3,174 is required to complete an income tax return form 11.