Don’t get used to the corporation tax bonanza

The global corporation taxation system is constantly fluctuating with big changes on the horizon for Irish tax structures

Ireland’s strong taxation performance in November became apparent last week when the government announced higher than expected receipts. Upon scrutiny, it became clear the lion’s share of the surplus was thanks to corporation tax receipts.

Exchequer figures published by the Department of Finance show that from January to the end of November, total tax receipts were €51.4 billion. Receipts for the month of November were €631 million, or 7.3 per cent, ahead of ...