Written answers

Wednesday, 29 May 2013

Photo of Pearse DohertyPearse Doherty (Donegal South West, Sinn Fein)
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79. To ask the Minister for Finance if tax data on multinational companies based here is collated separately; and if so, if he will state the minimum effective rate of tax paid by multinational corporations to the Exchequer. [26068/13]

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael)
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I am informed by the Revenue Commissioners that as multinational companies on tax records are not specifically distinguished from other companies there is no precise basis on which the taxes paid by multinational companies can be separately ascertained. Where necessary, it is possible for Revenue’s Large Cases Division (which manages the tax affairs of most multinational companies) to manually identify the top payers among these companies on a case by case basis and extract the necessary tax details to provide indicative figures. The amount of corporation tax paid in 2012 by the top 10 companies managed in Revenue’s Large Cases Division was €1.42 billion.

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