Pádraig O'Sullivan (Cork North-Central, Fianna Fail)
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142. To ask the Minister for Finance if his Department has assessed proposals for a mechanism under which no further VAT or excise would be applied to petrol and diesel once the retail price reaches a set threshold, such as €1.70 per litre; the estimated annual cost to the Exchequer of such a mechanism at current and forecast pump prices; and his Department's view on its compatibility with the EU VAT Directive and the Energy Taxation Directive. [68466/26]

Simon Harris (Wicklow, Fine Gael)
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My Department is satisfied that the mechanism as outlined by the Deputy would be in breach of the VAT Directive. There is no mechanism within the Directive to set a threshold beyond which no VAT would be collected.