Oireachtas Joint and Select Committees
Wednesday, 14 June 2017
Committee on Budgetary Oversight
Corporation Tax Receipts: Department of Finance and Revenue Commissioners
3:00 pm
Mr. John McCarthy:
I am working off the top of my head. I said in my opening statement that profits were up by 7%. Employment rose by 2.9%. We do not have figures for earnings per capitayet. They will be published in the national accounts in July and will probably run at somewhere between 2% and 2.5%. Off the top of my head, the wage bill probably rose by between 5% and 5.5% and profits by 7%. There have been slightly stronger growth rates for profitability. The point the Deputy is making is correct. In 2015, profits rose much more.
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