Paul Murphy (Dublin South West, RISE)
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385.To ask the Minister for Finance the estimated full year revenue that would be generated by doubling stamp duty on transfers of residential property valued at €1 million or over. [32953/24]

Jack Chambers (Dublin West, Fianna Fail)
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I am advised by Revenue that the estimated yield that would be generated by a range of potential changes to the rate of stamp duty chargeable on transfers of residential property valued at €1 million or over is published on page 18 of the Ready Reckoner, available on the Revenue website at: www.revenue.ie/en/corporate/documents/statistics/ready-reckoner.pdf.

While the specific estimate sought by the Deputy is not provided, it can be estimated on a straight-line or pro-rata basis. Ready Reckoner estimates do not take account of any potential change in behaviour by the taxpayers concerned in response to changes in the tax rate.

The Deputy will wish to note that an update of the Ready Reckoner is due to issue in the coming weeks.