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 23
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 23
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 23
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 23
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 year. Business • 04 Apr 23
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 year. Business • 04 Apr 23
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
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 to last year's global tax deal. Business • 14 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 to last year's global tax deal. 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
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 temporary". Business • 03 Nov 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 temporary". 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
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
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 could pose a risk to the sustainability of Ireland's corporate tax receipts. Business • 07 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 could pose a risk to the sustainability of Ireland's corporate tax receipts. 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 for the public finances." Business • 01 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 for the public finances." 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 Group (TSG) said today. Business • 10 Aug 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 Group (TSG) said today. 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. This compares to a deficit of €5.7 billion at the end of July last year. Business • 04 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. This compares to a deficit of €5.7 billion at the end of July last year. 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
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 tax, writes Business Editor Will Goodbody. Business • 08 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 tax, writes Business Editor Will Goodbody. Business • 08 Jul 22
Corporation tax bonanza must be used wisely -Tánaiste The Tánaiste has said he sees no reason why Ireland's buoyant corporation tax receipts can't last for another 20 years, if Ireland remains an attractive place to invest. Business • 06 Jul 22
Corporation tax bonanza must be used wisely -Tánaiste The Tánaiste has said he sees no reason why Ireland's buoyant corporation tax receipts can't last for another 20 years, if Ireland remains an attractive place to invest. Business • 06 Jul 22
EU to adopt corporate tax with or without Hungary EU member states will adopt plans for a minimum corporate tax rate in the bloc in the coming months regardless of whether holdout nation Hungary backs the reform, French Finance Minister Bruno Le Maire said today. Business • 30 Jun 22
EU to adopt corporate tax with or without Hungary EU member states will adopt plans for a minimum corporate tax rate in the bloc in the coming months regardless of whether holdout nation Hungary backs the reform, French Finance Minister Bruno Le Maire said today. Business • 30 Jun 22
Should we be so reliant on a few big firms for tax? For those with a passing or healthy interest in tax and how the state is funded, Revenue's annual report published this week is a wealth of information. Business • 15 May 22
Should we be so reliant on a few big firms for tax? For those with a passing or healthy interest in tax and how the state is funded, Revenue's annual report published this week is a wealth of information. Business • 15 May 22
Top ten corporation tax payers paid 53% of 2021 total The top ten payers of corporation tax collectively paid 53% of the total last year or €8.176 billion, new figures from Revenue show. Business • 11 May 22
Top ten corporation tax payers paid 53% of 2021 total The top ten payers of corporation tax collectively paid 53% of the total last year or €8.176 billion, new figures from Revenue show. Business • 11 May 22
Public finances show surplus of €200m in March The public finances recorded a surplus at the end of March of €200m, according to the latest Exchequer figures published by the Department of Finance. Business • 06 Apr 22
Public finances show surplus of €200m in March The public finances recorded a surplus at the end of March of €200m, according to the latest Exchequer figures published by the Department of Finance. Business • 06 Apr 22
20% tax on multinational profit in US would hit Ireland A minimum 20% tax on the overseas earnings of US multinationals would have an impact on Ireland, according to one expert in the area. Business • 31 Mar 22
20% tax on multinational profit in US would hit Ireland A minimum 20% tax on the overseas earnings of US multinationals would have an impact on Ireland, according to one expert in the area. Business • 31 Mar 22
Donohoe says OECD tax deal a 'balanced compromise' Minister for Finance Paschal Donohoe has said that Ireland will play an active role in ensuring that the new global corporate tax deal reached last year can be speedily enshrined into EU law. Business • 18 Jan 22
Donohoe says OECD tax deal a 'balanced compromise' Minister for Finance Paschal Donohoe has said that Ireland will play an active role in ensuring that the new global corporate tax deal reached last year can be speedily enshrined into EU law. Business • 18 Jan 22
EU proposes law to implement 15% corporation tax rate The European Commission has proposed a law that would implement in Europe the global deal struck among the 20 biggest world economies (G20) on a minimum tax rate for companies. Business • 22 Dec 21
EU proposes law to implement 15% corporation tax rate The European Commission has proposed a law that would implement in Europe the global deal struck among the 20 biggest world economies (G20) on a minimum tax rate for companies. Business • 22 Dec 21
Next year's Finance Bill to deal with tax changes The Minister for Finance has said the Government will not begin the process of transposing the details of the new global corporation tax deal into Irish law until late next year. Business • 15 Nov 21
Next year's Finance Bill to deal with tax changes The Minister for Finance has said the Government will not begin the process of transposing the details of the new global corporation tax deal into Irish law until late next year. Business • 15 Nov 21
Global tax rate could see Ireland collect extra €12.4bn Ireland could collect an extra €12.4 billion in corporation tax under the proposed 15% global minimum rate. Business • 27 Oct 21
Global tax rate could see Ireland collect extra €12.4bn Ireland could collect an extra €12.4 billion in corporation tax under the proposed 15% global minimum rate. Business • 27 Oct 21
