Written answers

Tuesday, 18 October 2022

Photo of Eoin Ó BroinEoin Ó Broin (Dublin Mid West, Sinn Fein)
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271. 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 between 2014 and 2022, in tabular form;; and if he will make a statement on the matter. [51305/22]

Photo of Paschal DonohoePaschal Donohoe (Dublin Central, Fine Gael)
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I am advised by Revenue that information in respect of the years 2019 to 2021 is available on the Revenue website at: www.revenue.ie/en/corporate/documents/research/ct-analysis-2022.pdf

The information is contained in Table 17, and 2021 is the latest year for which data are available.

The information for the years 2014 to 2018 is shown in the table below.

Year Corporation Tax €m Employment Taxes €m VAT €m
2014 23 89 -15
2015 34 122 -26
2016 61 138 -19
2017 40 211 -24
2018 54 248 -32

Ireland is the leading centre for aircraft leasing globally - the industry reports that over 60% of the world’s leased aircraft are managed from Ireland. This industry forms part of our rich eco-system of high calibre indigenous businesses and multinational corporations, which is a key driver of economic growth and allows Ireland to compete in a globalised world.

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