Alex White (Dublin South, Labour)
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The economic benefits to Ireland of the Corrib gas field include the significant economic activity generated from the development stage of the project, a strengthening of Ireland’s security of energy supply and the direct return to the Exchequer through the 25% corporation tax on profits. The operation of the taxation system and the receipt of taxation are matters for the Revenue Commissioners. As such I am not in a position to provide the Deputy with an estimate of tax receipts due to the Exchequer in 2016 in respect of the Corrib gas field.