Corporation Tax
Revenue collects €24 billion in corporation tax in 2023
Despite taking in €1 billion less compared to 2022, manufacturing was the sector that produced the most corporation tax last year
Gross corporation tax receipts totalled €26.5 billion for 2023, with net receipts 5.3 per cent higher than the year before.
According to the Revenue Commissioners’ annual report, €128 billion in total gross tax receipts was collected for 2023, with corporation tax being the second-largest source of revenue.
Just ten companies accounted for 52 per cent of net corporation tax receipts in 2023 – a 5 per cent decrease from the year before, as €385 million ...
