Written answers
Wednesday, 28 September 2011
Department of Finance
Tax Yield
9:00 pm
Pearse Doherty (Donegal South West, Sinn Fein)
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Question 55: To ask the Minister for Finance the tax to GNP ratio for Ireland in 2010; and what it is projected to be in 2011, 2012, 2013 and 2014. [26453/11]
Michael Noonan (Limerick City, Fine Gael)
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The information the Deputy has requested is provided in the following table.
2010 | 2011 (f) | 2012 (f) | 2013 (f) | 2014 (f) | |
Tax/GNP Ratio | 25% | 28% | 29% | 30% | 31% |
The tax projections for the years 2011-2014 are those technical forecasts set out in the April Stability Programme Update (SPU). The GNP figures upon which the ratios are based, are also taken from the time of the SPU. Revised economic and fiscal projections will be published in the October Pre-Budget Outlook.
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