Bernard Durkan (Kildare North, Fine Gael)
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Question 124: To ask the Minister for Finance the extent to which the returns under the various taxation headings are on target with the projection at budget time in December 2010; and if he will make a statement on the matter. [14431/11]

Michael Noonan (Limerick City, Fine Gael)
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As the Deputy will be aware, my Department publishes the Exchequer statement on its website two working days following the end of the month. The most recent Exchequer statement was published last Thursday, 2 June, and this contains details of the tax revenue performance in the first five months of the year. During this period, €12.8 billion in tax revenue was collected, an increase of €677 million or 5.6% on the corresponding period in 2010. As is always the case, my Department will make a statement on the matter in light of the mid-year returns. The cumulative position at the end of May 2011 is that, in overall terms, tax revenues were broadly in line with target at about €70 million or 0.5% below expectations. The table below sets out the detail under the various tax headings.