Gerald Nash (Louth, Labour)
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Question 67: To ask the Minister for Finance the position regarding 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; the number of non-residents for tax purposes that these measures have affected according to the most recent figures at his disposal post 15 November deadline; the number of non-residents; and if he will make a statement on the matter. [36879/11]

Michael Noonan (Limerick City, Fine Gael)
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I assume the measure to which the Deputy refers is the Domicile Levy announced in Budget 2010 and introduced in Finance Act 2010. The Deputy will be aware that a Domicile Levy of €200,000 is charged on an individual who is Irish-domiciled and an Irish citizen whose worldwide income exceeds €1m, whose Irish located property is greater than €5m, and whose liability to Irish income tax was less than €200,000.

Where a person liable to pay the levy has paid income tax, s/he will be entitled to a credit for the tax paid in calculating the amount of the levy. The levy applies to both resident and non-resident individuals who meet the above criteria. I am informed by the Revenue Commissioners that the first valuation date for the Domicile Levy was 31 December 2010 and the tax return and payment of the Domicile Levy for 2010 was due on 16 November 2011. As of today, ten returns have been received in relation to the Domicile Levy for 2010. The tax paid in relation to these ten returns was €1,479,813.

It is not possible to estimate the full amount of revenue that may be raised from the Domicile Levy into the future. As the "Pay and File" deadline date and the deadline date for payment via Revenue On-line Services (ROS) have passed, no further yield from the Domicile Levy for the 2010 tax year is expected in 2011, unless a late return is received.

To date the Domicile Levy has affected seven non-resident individuals. Many non-resident individuals who file Irish tax returns would not be subject to the levy, either because they are not Irish citizens, they have a foreign domicile, or their worldwide income or the value of their Irish located property are below the threshold amounts shown above. In 2009, some 8,493 Irish income tax returns showed one or both spouses as non-resident. The equivalent figures for 2010 are not yet available.