Oireachtas Joint and Select Committees
Tuesday, 11 June 2019
Committee on Budgetary Oversight
Fiscal Assessment Report: Irish Fiscal Advisory Council
Professor Michael McMahon:
To directly answer the Deputy's question, Table B.1 essentially shows that in 2018 projected corporation tax was €5.7 billion and actual corporation tax was €10.4 billion. That would add €4.7 billion to a prudence account. That information is shown in the box but the figures go all the way back to 2015 and show the cumulative difference it would make.