Michael McGrath (Cork South Central, Fianna Fail)
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93. To ask the Minister for Finance the amount of deposit interest retention tax that is expected to be collected in 2014; the way this compares to the projected outcome for 2013; and if he will make a statement on the matter. [45571/13]

Michael Noonan (Limerick City, Fine Gael)
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Deposit Interest Retention Tax (DIRT) is contained in the income tax estimate for 2013 and 2014 shown in Table 8 on page C.15 of the recently published Budget 2014. The income tax forecast includes €500 million of DIRT in 2013. As the Deputy will be aware, the DIRT rate was increased to 41 per cent in Budget 2014 as set out in the Summary of Budget Measures. This is expected to yield €105 million in 2014 and €140 million in a full year. Taking this and the expected prevailing economic environment into account, the yield from DIRT in 2014 is estimated to be of the order of €625 million.

It should be pointed out that these figures are subject to revision as emerging fiscal and economic data are taken on board.

Michael McGrath (Cork South Central, Fianna Fail)
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94. To ask the Minister for Finance the amount of deposit interest retention tax collected in 2011; if he will provide in tabular form the amount of DIRT collected by each financial institution liable for collection of the tax in 2011; and if he will make a statement on the matter. [45572/13]

Michael Noonan (Limerick City, Fine Gael)
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I can inform the Deputy that €473 million was collected in respect of DIRT in 2011. However, I am informed by the Revenue Commissioners that their obligation to observe confidentiality for taxpayers and small groups of taxpayers precludes them from providing the information requested in respect of each financial institution.