Joe Higgins (Dublin West, Socialist Party)
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Question 95: To ask the Minister for Finance if he will provide a breakdown of corporation tax receipts from Irelands International Financial Services Centre companies by NACE code. [34625/12]

Michael Noonan (Limerick City, Fine Gael)
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I am informed by the Revenue Commissioners that with the change in the corporation tax rate from10% to the standard rate now applying to IFSC activities it is no longer possible to distinguish on tax records between corporation tax paid solely on IFSC activities and on other income. Arising from this a detailed record specifically identifying companies engaged in IFSC activities is not maintained and accordingly there is no statistical basis on which a precise reply can be provided to the Deputy's question. However, on the basis of more limited indications, it appears that the bulk of corporation tax receipts from IFSC activities are paid by companies who are engaged in financial, insurance and analagous activities.