Written answers
Tuesday, 16 October 2012
Department of Finance
Pensions Levy Yield
Michael McGrath (Cork South Central, Fianna Fail)
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To ask the Minister for Finance the amount of money collected by way of the levy on pension funds in 2011 and 2012; and if he will make a statement on the matter. [44865/12]
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 €463 million in 2011 and to €477 million in 2012 by the end of September. This is broadly in line with the amounts anticipated to be collected over the period.
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