Jim Daly (Cork South West, Fine Gael)
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To ask the Minister for Finance the amount received form each bank operating in the State in terms of Revenue to the Exchequer to include cost of guarantee, operating taxes, income taxes paid on behalf of staff and so on, with a view to establishing what each institution is contributing to the Exchequer for each of the past three years, for each of the institutions, itemising each tax heading individually; and if he will make a statement on the matter. [52275/12]

Michael Noonan (Limerick City, Fine Gael)
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I assume the Deputy’s question refers to those banks participating in the Government guarantee schemes and reference to the ‘cost of the guarantee’ relates to the Credit Institutions Financial Support Scheme 2008 (CIFS Scheme) which was in operation between 30 September, 2008 and 29 September, 2010, and the Eligible Liabilities Guarantee Scheme (ELG Scheme) which came into operation on 9 December, 2009, and has a current issuance end-date of 31 December, 2012. Fees are paid by the Participating Institutions in the bank guarantee scheme on a quarterly basis in arrears; the latest payments received are in respect of Q3/2012, ending September, 2012.

The list of Participating Institutions including subsidiaries covered by the ELG Scheme can be accessed on the NTMA website:

www.ntma.ie/business-areas/funding-and-debt-management/eligible-liabilities-guarantee-scheme/participating-institutions/

The total fees received to end-September, 2012, from the covered banks including subsidiaries in respect of both the CIFS and ELG Schemes amount in total to €3.589bn. This amount comprises €758.4m. in respect of the CIFS and €2,830.3m. in respect of the ELG Scheme.

A breakdown of fees paid by year for each of the covered banks including subsidiaries can be seen in the tables below.

ELG fees paid to date by Participating Institutions

CIFS fees paid to date by Covered Institutions

I am advised by the Revenue Commissioners that for reasons of taxpayer confidentiality they are not in a position to provide the taxation information on an individual basis as sought by the Deputy.

The aggregate figures available in respect of the yield of corporation tax and PREM (tax, PRSI and levy contributions including USC paid over by employers) from the covered institutions in the years 2009, 2010 and 2011 are as follows: