C&AG: Level of corporation tax losses stable up to 2021 Around €242 billion of accumulated corporation tax losses were available for offset against company profits at the end of 2021. Business • 29 Sep
Plans for participation exemption to corporation tax The Government has announced plans to introduce changes to how dividend income received from foreign branches of companies with bases in Ireland are taxed here. Business • 14 Sep
Govt committed to safety in public finances - Donohoe Minister for Public Expenditure has said that potential cuts to the Universal Social Charge in the Budget will be a decision for Minister for Finance … Business • 11 Sep
Corporation tax take in August down €1bn on last year The amount of corporation tax collected in August was over a billion euro less than the amount taken in the same month last year. Business • 04 Sep
Exchequer tax take up 4.6% in July Almost €6.57 billion in tax was received by the Exchequer in July, up €303m (4.6%) on the same month of last year. Business • 03 Aug
Strong case for longer-term savings vehicle There is a strong case for establishing a longer-term savings vehicle to bridge the gap between today's temporarily strong revenue from corporation profit tax and … Business • 18 Jul
Slight fall in corporation tax in May Corporation tax receipts dropped slightly in May according to the latest exchequer returns, underlining the volatile nature of this source of revenue. Business • 02 Jun
Cabinet to consider plan over corporation tax surplus Minister for Finance Michael McGrath has said he is planning to bring a proposal to Cabinet on how Ireland should deal with the large corporation … Politics • 24 May
McGrath says need for wealth fund 'blindingly obvious' The Minister for Finance Michael McGrath has said it is "blindingly obvious" to him that the Government needs to set up a fund to save … Business • 10 May
18,856 home owners pay LPT for first time - Revenue Revenue has today published its annual report for 2022, which it said reflected a year of strong performance with a record amount of tax and … Business • 26 Apr
57% of corporation tax returns in 2022 paid by 10 firms An analysis by Revenue of corporation tax returns last year has revealed that the proportion paid by just ten multinationals rose to 57% Business • 26 Apr
Government can't rely on 'volatile' corporation tax The Government says the right decisions must be made with the budget surplus recorded this year, according to the Minister for Finance. Business • 19 Apr
Corporation tax take jumps by 71% in first quarter The amount of corporation tax collected in the first three months of this year is running €1.35 billion ahead compared to the same time last … Business • 04 Apr
Surging inflation framed the economic landscape in 2022 The economic fundamentals of security, food, shelter and energy all came into sharp relief this year when Russia invaded Ukraine at the end of February. Business • 24 Dec 22
15% minimum tax rate to be implemented here from 2024 The Minister for Finance has said he expects Ireland's corporation tax rate will be increased to 15% in 2024 for large companies that are subject … Business • 14 Dec 22
Record level of corporation tax collected in November A record €5 billion in corporation tax was collected in November, according to the latest Exchequer returns, the biggest monthly figure ever. Business • 02 Dec 22
Corporation tax levels may not be sustained - McGrath Minister for Public Expenditure Michael McGrath said the Government is "avoiding making permanent expenditure commitments" on the back of receipts that may "prove to be … Business • 03 Nov 22
New metric 'GGB Star' to monitor public finances The Minister for Finance acknowledged the need to be mindful of the State's reliance on corporation tax. Budget 2023 • 27 Sep 22
Corporation tax report warns of 'potential fiscal hole' The Exchequer could collect €20 billion in corporate taxes this year, according to a report published today by the Department of Finance. Business • 08 Sep 22
'No sign' of risk to corporation tax sustainability Minister for Finance Paschal Donohoe has said there "is no sign" the trading environment facing multinationals located in Ireland is changing in a way that … Business • 07 Sep 22
Tax concentration a 'significant vulnerability': report The Department of Finance's annual Taxation Report describes the concentration of Corporation Tax receipts from a small number of multinational companies as a "significant vulnerability … Business • 01 Sep 22
'Difficult' to gauge cost of new corporation tax deal It remains very difficult to accurately estimate the financial impact on Ireland's decision to join the global international corporation tax reform deal, the Tax Strategy … Business • 10 Aug 22
Exchequer recorded surplus of €5bn at end of July The public finances recorded a surplus of €5 billion at the end of July, according to figures published this afternoon by the Department of Finance. … Business • 04 Aug 22
Corporation tax warning The Central Bank last week issued a warning over Ireland's over reliance on corporation tax. Business • 13 Jul 22
Why have we a corporation tax bonanza and will it end? You can never have too much of a good thing, or so the saying goes - except it seems if that good thing is corporation … Business • 08 Jul 22
