Written answers

Tuesday, 7 July 2015

Photo of Derek NolanDerek Nolan (Galway West, Labour)
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122. To ask the Minister for Finance if he will provide, in tabular form, the amount of corporation tax collected in each of the past ten years; the percentage size it represents of the entire tax-take; if he will provide an indication of the concentration of corporate tax payment in larger payers; the percentage paid by non-Irish companies; and if he will make a statement on the matter. [27115/15]

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael)
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I am informed by the Revenue Commissioners that the amount of Corporation Tax collected in each of the past ten years, the percentage it represents of the entire tax take and the estimated share of Corporation Tax liabilities from foreign owned multinational companies is set out in the following table.

YearCorporation Tax Receipts

(€ million)
Corporation Tax  as % of Total Tax Receipts% of Corporation Tax Liabilities from Foreign Multinationals
20055,503.213.9N/A
20066,684.614.7N/A
20076,393.413.5N/A
20085,071.512.3N/A
20093,889.511.7N/A
20103,943.612.451
20113,500.410.263
20124,215.011.576
20134,270.011.369
20144,617.011.2N/A
I am advised that the estimate for the share of Corporation Tax from foreign multinationals is based on a relatively recent review by Revenue and, for this reason, figures are not available prior to 2010. The estimate for 2014 will be available at a later date. There is a degree of estimation involved and these figures should therefore be considered provisional and subject to change.

In relation to the concentration of payments, aside from those of foreign owned multinationals shown above, the Deputy may be interested to note the comprehensive analysis on this subject published as part of the Budget 2015 documentation - www.budget.gov.ie/Budgets/2015/Documents/Corporation Tax Context Concentration Corporation Tax Payments Revenue.pdf.

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