Finance
Corporate tax receipts expected to reach €20bn this year
New report says there is a ‘compelling case’ to treat up to €6bn in corporate tax receipts as ‘volatile’ and unreliable into the future to ensure sustainability of public finances
There is “strong evidence” to suggest bumper corporate tax revenues are “flattering” the overall health of the public finances in a manner “not dissimilar” to what happened with property-related taxes prior to the 2008 crash, a new report from the Department of Finance has said.
The report into the scale of Ireland’s corporate tax receipts said that the concentration of record corporate tax receipts in a small handful of firms represented a risk “not dissimilar ...