Oireachtas Joint and Select Committees
Thursday, 13 April 2017
Committee on Budgetary Oversight
Stability Programme Update: Minister for Finance
2:00 pm
Richard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance) | Oireachtas source
Pre-tax corporate profits are about €95 billion. That is from the last figures that I saw but maybe that could be corrected. We are getting about €6 billion back in revenue, which is roughly 6% on pre-tax profits. Figures from earlier years show the gross pre-tax profits from before deductions and allowances were about €70 billion.
That is an extraordinary jump in profits, while we are getting very little back.
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