Oireachtas Joint and Select Committees

Thursday, 22 June 2023

Committee on Budgetary Oversight

Fiscal Assessment Report: Irish Fiscal Advisory Council

Dr. Eddie Casey:

One thing we learned in the paper is that the concentration by sector is really high as well. We did not know this from the revenue data because they would have subsidiaries that do some finance and some accounting and each of things are recorded as separate areas. When you look at it in terms of what the ultimate parent does, it is dominated by just two sectors - pharmaceuticals and tech. They account for 90% of the receipts we are seeing in the overall sense.