Dáil Éireann - Volume 621 - 20 June, 2006
Written Answers. - Tax Yield.
Mr. Deenihan Mr. Deenihan
Mr. Deenihan asked the Minister for Finance the level of revenue collected from excise duty on off course betting paid into the Exchequer in 2005; and if he will make a statement on the matter. [23342/06]
Mr. Cowen Mr. Cowen
Mr. Cowen:I am informed by the Revenue Commissioners that the yield to the Exchequer in 2005 from excise duty on off course betting was €45.85 million. The Deputy may be aware that the betting duty rate will be reduced from 2% to 1% with effect from 1 July 2006 and consequently receipts for 2006 are likely to be less than for 2005.
Dáil Éireann 621 Written Answers. Tax Yield.