Róisín Shortall (Dublin North West, Labour)
Link to this: Individually | In context

Question 100: To ask the Minister for Finance in view of the expiry of the relevant 31 October deadline for self-declaration, if he will provide an update on the implementation of further measures announced in budget 2010 with respect to the treatment of non-residents for tax purposes; the revenue that has been raised from these measures to date; the amount of revenue he expects these measures to yield in 2011; the number of non-residents for tax purposes these measures have affected; according to the most recent figures at his disposal, how many such non-residents are there; and if he will make a statement on the matter. [41647/10]

Brian Lenihan Jnr (Dublin West, Fianna Fail)
Link to this: Individually | In context

I am assuming that the reference by the Deputy to "further measures announced in Budget 2010 with respect to the treatment of non residents for tax purposes" is a reference to the Domicile Levy introduced by section 150 of the Finance Act 2010. The Domicile Levy is charged on an individual:

* who in any year is Irish domiciled and an Irish citizen,

* whose worldwide income in the year exceeds €1m,

* whose Irish located property in the year is greater than €5m, and

* whose liability to Irish income tax for the year is less than €200,000.

The Levy will be charged for 2010 and subsequent years, but the payment for each year can be made at any time up to 31 October in the year following the valuation date, which is 31 December of each year. The first valuation date will be 31 December 2010 and the tax return and payment of the Levy for 2010 will not be due until 31 October 2011. No revenue will therefore be raised from the Domicile Levy in 2010.

As yet, no one has "self-declared" for the Domicile Levy for the tax year 2010. This is because it is not possible to establish whether the levy applies to an individual for a particular tax year until after the end of that year.

At this stage it is not possible to estimate the amount of revenue that may be raised from the Domicile Levy in 2011. Because of the absence of reliable data, neither is it possible at this stage to estimate the number of non-residents that are likely to be chargeable to the Domicile Levy.