All the updated news related to corporation tax

All the news related to corporation tax updated in real time

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'A sensible decision' - Ireland approves tax rate of 15% for big businesses

Ireland has set a new tax rate of 15% for corporations with global revenues over €750million. The country officially joined the OECD International Tax agreement after approval was given by the government yesterday. In a statement, Minister for ...

08 Oct 2021 at 11:42

National News

Ireland set to scrap 12.5% corporate tax

Ireland is reportedly about to scrap its 12.5% corporate tax in favour of a rate of 15%, by signing up for a new, historic global corporate tax system. The Organisation for Economic Co-operation and Development (OECD) wants to reform ...

06 Oct 2021 at 13:56

National News

Ireland boosts corporate tax intake by 18% to 28bn euros

Ireland collected 28 billion euros in corporate taxes in 2024, an 18% increase on what it collected the previous year. This does not include just under 11 billion euros in Apple back taxes which Ireland received after an EU court ...

06 Jan 2025 at 17:15

Local News

'Ireland will lose money' - Donohoe warns corporate tax revenue will decline from 2023

The Irish Finance Minister has said tax receipts from corporation tax in Ireland will begin to decline from 2023 onwards. New figures revealed this week that Irish tax receipts surged to their highest ever level last year at €68....

07 Jan 2022 at 12:53

National News

‘Powerful case for caution’ spending corporate tax receipts, says Donohoe

The Minister for Public Expenditure Paschal Donohoe said there was a “powerful case for the role of caution” when it came to spending corporate tax receipts. “So much of our surplus for next year is made up out of corporate tax ...

21 Jun 2023 at 17:38

National News

Three firms pay a third of Ireland’s corporation tax receipts – finance minister

About a third of Ireland’s corporation tax receipts is collected from three individual companies, the finance minister has said. Michael McGrath warned of a “concentration risk” as the top 10 businesses in the state contribute ...

26 Mar 2024 at 09:44

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Over 50% of Irish people want to keep low corporation tax, poll finds

Over half of Irish people want to maintain the country's corporation tax of 12.5%. That's according to a recent poll by Ipsos/MRBI, which found that an average of 58% of people stated that Ireland should maintain the tax rate ...

07 Oct 2021 at 16:30

National News

Drop of 25% in corporate tax revenue due to technical factor, minister claims

A drop of 25% in Ireland’s corporate tax income in the first three months of 2024 has been blamed on a “technical factor” and is expected to be “made up” later in the year, a cabinet minister has said. Finance Minister ...

04 Apr 2024 at 20:03

National News

EU committee looks for renewed commitment from Ireland to 15% corporate tax rate

The chairman of an EU tax subcommittee is looking for renewed assurances that Ireland is still committed to a minimum corporate tax rate of 15%, amid lingering concerns from EU institutions about Ireland’s ability to ...

18 Sept 2022 at 12:00

National News

'Ireland will lose money' - Donohoe warns corporate tax revenue will decline from 2023

The Irish Finance Minister has said tax receipts from corporation tax in Ireland will begin to decline from 2023 onwards. Yesterday (January 5), new figures revealed that Irish tax receipts surged to their highest ...

06 Jan 2022 at 13:47

National News

Corporation tax take in November up almost a third on same month last year

Corporation tax take in November was up almost a third on the same month last year, sharply reversing a recent slump in revenue generated from business profits. The 6.3 billion euro collected was up 1.3 billion ...

05 Dec 2023 at 19:46

National News

Corporation tax receipts up 71% to 3.2 billion euro

Corporation tax receipts amounted to 3.2 billion euro in the first quarter of 2023, up 1.3 billion euro ahead of the same period last year. The Department of Finance’s chief economist John McCarthy said this ...

04 Apr 2023 at 17:52

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