Corporate Tax

Three multinationals accounted for one third of all corporate tax receipts from 2017-2021

Research paper from the Irish Fiscal Advisory council estimates that just three large companies paid over €5.2bn in corporate tax to the state in 2021

Large-cap tech companies such as Apple and Microsoft are believed to be the largest contributors, paying billions of euros in corporate tax to the exchequer each year.

Three large multinational companies accounted for around one-third of all the corporate tax paid to the Irish state between 2017 and 2021, an analysis by the government’s budgetary watchdog has found.

A new research paper published on Thursday by the Irish Fiscal Advisory Council (Ifac) estimates that three multinationals paid a combined €5.2 billion in corporate tax in 2021, which equated to 34 per cent of all corporation tax collected by the state that year. ...