Written answers

Thursday, 23 February 2017

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail)
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132. To ask the Minister for Finance the annual corporate tax and other named taxes paid by the revenues generated by aircraft leasing firms based here in each of the years 2010 and 2016 in tabular form; and if he will make a statement on the matter. [9331/17]

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael)
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I am advised by Revenue that the total Corporation Tax, Value Added Tax (VAT) and PAYE Income Tax & Universal Social Charge payments by businesses in the aircraft leasing industry for the years requested are as shown in the following table. Information in respect of Customs Duty and Stamp Duty paid by aircraft leasing companies is not readily available.

I am informed that the figures are based on the industry description assigned to businesses on the Revenue taxpayer register. While these are considered as likely to be broadly accurate for the majority of cases, there may be some small levels of misclassification.

YearVAT* 

€m
PAYE/USC

€m
Corporation Tax

€m
Total

€m
2010-16251524
2011-19302031
2012-21363651
2013-17512963
2014-15552363
2015-26773485
2016**-199552128

* The Aircraft Leasing sector is in a net repayment position in respect of VAT for each year.

** Data for 2016 are provisional.

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