Ruth Coppinger (Dublin West, Solidarity)
Link to this: Individually | In context | Oireachtas source

101. To ask the Minister for Finance the estimated intake from corporation tax in 2017 and 2018; and the estimated intake from the top ten and top 20 companies. [36831/17]

Paschal Donohoe (Dublin Central, Fine Gael)
Link to this: Individually | In context | Oireachtas source

My Department’s latest official forecast is €7.7 billion and €8.0 billion in respect of corporation tax receipts for 2017 and 2018 respectively. This was projected as part of the overall forecasts in the recent Summer Economic Statement 2017. However, as the Deputy will appreciate, all tax-heads will be reviewed as part of annual budgetary process. Therefore, the next official forecast for 2017 and 2018 in respect of corporation tax receipts will be announced as part of Budget 2018, which will take account of the most up to date economic and fiscal information. I am advised by Revenue that while the top 10 largest payers of Corporation Tax accounted for 37% of receipts in 2016, it is too soon to assess their contribution (or that of the top 20) in relation to 2017 receipts as a significant share of 2017 tax has yet to be paid. Receipts from the top 10 or 20 companies are not forecast separately by my Department or Revenue.