Written answers

Wednesday, 28 September 2005

9:00 pm

Photo of Arthur MorganArthur Morgan (Louth, Sinn Fein)
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Question 466: To ask the Minister for Finance if he will give the figures for tax as a percentage of GDP for each of the past ten years. [24412/05]

Photo of Arthur MorganArthur Morgan (Louth, Sinn Fein)
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Question 475: To ask the Minister for Finance the amount of revenue which would be raised from an increase of 1% in the GDP to tax ratio; and if he will make a statement on the matter. [24421/05]

Photo of Brian CowenBrian Cowen (Laois-Offaly, Fianna Fail)
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I propose to take Questions Nos. 466 and 475 together.

The information requested has been forwarded to the Deputy. Tax has been defined as total receipts from taxes and social contributions using the definition specified by the European System of Accounts 1995, ESA95. This is a comprehensive definition of tax and includes commercial rates, social insurance contributions, health contributions, motor tax and any other source of revenue which conforms to the standard international definition of a tax.

Assuming a neutral net impact on economic activity following the change, additional revenue of about €1.5 billion would be raised from an increase of 1% in the GDP to tax ratio, in 2004 terms.

Tax as a % of GDP
199534.9%200032.9%
199634.7%200131.0%
199733.9%200229.7%
199833.1%200330.4%
199933.0%200431.7%

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