Joe Higgins (Dublin West, Socialist Party)
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Question 169: To ask the Taoiseach the amount of money repatriated by multinational corporations in each year from 2000 inclusive. [8890/07]

Tom Kitt (Dublin South, Fianna Fail)
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In accordance with international statistical standards, all profits of multinational corporations are attributed to their owners when they are earned.

The estimated profits earned by multinational corporations in the State and attributable to their foreign owners were published under the label Direct Investment Income on Equity in the CSO Balance of International Payments release published quarterly. These amounts include actual repatriations such as dividends and branch profit remittances as well as earnings which were reinvested in the Irish operations.

The figures for direct investment income on equity for the years 2000-2005 are shown in Table 1. The 2006 figure should be available at the end of March this year.

Table 2 shows the annual amounts repatriated by way of dividend payments and branch profit remittances over the same period.