Written answers

Tuesday, 3 February 2015

Department of Finance

Corporation Tax Regime

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail)
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230. To ask the Minister for Finance if he will provide in tabular form the number of companies operating in the Irish tonnage tax regime in each year from 2003 to 2014; the number of persons employed in shore based positions with Irish tonnage tax companies; the total tax paid each year under the scheme; and if he will make a statement on the matter. [4327/15]

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael)
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I am informed by the Revenue Commissioners that the number of companies that returned profits under the tonnage tax regime on Corporation Tax returns for the years 2003 to 2012, the latest year available, is as set out in the following table:

YearNumber of CompaniesEstimated Corporation Tax Liability on Profits Returned Under the Tonnage Tax Regime

€m
2003**
200480.1
2005100.2
2006130.4
2007200.6
2008290.2
2009320.3
2010370.5
2011380.6
2012390.6
* Given the small number of companies in 2003, this information cannot be provided to protect the confidentiality of taxpayer data.

In relation to the number of persons employed in shore based positions with Irish tonnage tax companies, I am informed by the Revenue Commissioners that this information is not identifiable from the Commissioners' records.

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