Written answers
Wednesday, 22 March 2017
Department of Finance
Betting Regulations
Tommy Broughan (Dublin Bay North, Independent)
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116. To ask the Minister for Finance the estimated amount of additional revenue that would be generated if the betting tax was increased from 1% to 2%; and if he will make a statement on the matter. [14366/17]
Michael Noonan (Limerick City, Fine Gael)
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I am advised by Revenue that the additional revenue that would be generated from increasing betting duty from 1% to 2% is estimated at €50m.
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