On 9 June 2016, Ireland's Department of Finance announced the launch of a public consultation on the methodology used to calculate the country's Financial Institutions Levy. The Levy was introduced in 2013 to enable the financial services sector to contribute to economic recovery. Initially to apply through 2016, it was later extended through 2021, subject to a review of the calculation method. The consultation seeks stakeholder views on the proposed approach for the years 2017 to 2021.
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