Tuesday, 11 October 2005
Dáil Eireann Debate
Minister for Finance (Mr. Cowen): It is assumed that the Deputy is referring to stamp duty and residential property tax, RPT. I am informed by the Revenue Commissioners that the relevant information available is for the yield from RPT and the estimated yield from stamp duties on residential property transactions. Following is the information on a revenue net receipts basis for each of the years 1997 and 2004.
|Year||€ million||Year||€ million|
RPT was abolished with effect from 5 April 1997. However, any person who had a liability to RPT prior to its abolition in 1997 has an obligation to discharge that liability, including the payment of interest.
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