Vehicle registration tax (VRT) receipts for imported vehicles last year were down by 75 per cent on 2007, according to new figures from Revenue.
In 2010, €384 million was collected in VRT receipts, compared to €1.4 billion in 2007.
Receipts fell slightly in 2008 to €1.12 billion, but the figure collapsed to €375 million in 2009. This year, the Revenue had taken in €147 million by the end of the first quarter.
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