Written answers

Tuesday, 20 June 2017

Department of Finance

Corporation Tax Regime

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail)
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341. To ask the Minister for Finance the amount and percentage of corporation tax receipts which were paid by the top ten and 20 multinational groups respectively in each of the years 2010 to 2016; and if he will make a statement on the matter. [28956/17]

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail)
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342. To ask the Minister for Finance the amount and percentage of overall corporation tax receipts paid by the multinational sector in each of the years 2010 to 2016; and if he will make a statement on the matter. [28957/17]

Photo of Paschal DonohoePaschal Donohoe (Dublin Central, Fine Gael)
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I propose to take Questions Nos. 341 and 342 together.

In relation to Question 28956/17, I am advised that the estimated net Corporation Tax receipts paid by the top 10 and the top 20 multinational groups in each of the years 2010 to 2016 are as shown in the table below.

YearTop 10 Multinational GroupsNet Corporation Tax Receipts

€m
% of Net Corporation Tax ReceiptsTop 20 Multinational GroupsNet Corporation Tax Receipts

€m
% of Net Corporation Tax Receipts
20101,43836.4%1,84346.7%
20111,65947.4%2,02657.9%
20121,48235.2%1,91045.3%
20131,69639.7%2,19451.4%
20141,96142.5%2,38151.6%
20153,15545.9%3,77154.9%
20162,95740.2%3,69450.2%

In respect of Question 28957/17, I am informed by Revenue that they are in the process of enhancing their data in respect of the share of Corporation Tax associated with both foreign owned and Irish owned multinational companies. When completed over the coming months, this exercise should improve the accuracy of data produced in respect of multinational tax. Detailed information on this is not presently available. However, the Deputy may wish to note that the enhancements to date indicate that the share of Corporation Tax receipts for the years in question is generally around 80 per cent for foreign owned multinational companies.

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