Catherine Murphy (Kildare North, Independent)
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Question 67: To ask the Minister for Finance if, in view of the failure of the domicile levy introduced in Budget 2010 to adequately realise its projected return for the Exchequer this year, he is considering making any revisions to the levy to ensure compliance; if so, the nature of these revisions; and if he will make a statement on the matter. [34390/11]

Michael Noonan (Limerick City, Fine Gael)
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The Domicile Levy applies to an individual who is an Irish citizen and Irish domiciled, whose worldwide income exceeds €1 m, whose Irish located property is worth more than €5 m, and whose liability to Irish tax is less than €200,000. Any Irish income tax paid for the tax year in question can be used as a credit against the levy liability. A yield figure for the levy could not be projected, as it was not possible to estimate the number of individuals who would be affected, given the number of factors involved. The yield figure to date in respect of the 2010 tax year is just under €1.08 m, with payments received from six taxpayers.

As with all other areas of taxation, the levy provisions are constantly kept under review and any changes will be determined in the context of Budget and Finance Bill.