Michael McGrath (Cork South Central, Fianna Fail)
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Question 135: To ask the Minister for Finance the amount of money collected on the pension levy introduced in the jobs initiative by the payment date of 25 September 2011, and the amount which remains outstanding for payment in respect of the 2011 liability. [26968/11]

Michael Noonan (Limerick City, Fine Gael)
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I am informed by the Revenue Commissioners that receipts from the temporary 0.6% stamp duty levy on pension fund assets introduced in the Finance (No 2) Act, 2011 amounted to €460.5 million by the end of September. This compares to a projected annual yield from the levy of €470 million. Revenue will initiate enquiries to establish if any amounts of the levy for 2011 remain unpaid and will take the appropriate action where these are identified. It is not possible at this juncture to predict the amounts that might be involved.