Tom Woods: Fall in corporate tax take not a cause for alarm but Ireland must remain attractive for business
The right foundations for greater prosperity for everyone remain in place with stable government and wise fiscal policies
What’s really happening with corporate tax receipts?
There has been much discussion in recent months about our corporation tax receipts. Let’s start with some facts.
Corporation tax receipts almost trebled in the five years to 2022, when €22.65 billion was collected. They have increased by over five-fold in the last ten years.
In 2022 alone, growth was €7.33 billion, almost 50 per cent more than 2021 and incredibly more than the total amount of corporation ...