Corporation Tax Receipts Will Surpass Last Year's €22.6 Billion

Monday, 10 April 2023 14:51

By Oisin Coyne

A large amount of the tax funded cost of living packages.

Corporation Tax receipts for this year will surpass last year's 22.6 billion euro, according to the Department of Finance.

However, a leading economist says Ireland benefits from tax paid by a small number of firms, which makes it vulnerable in the future.

A large amount of the tax, funded much of the cost of living packages unveiled on budget day.

Economist Colm McCarthy says there is apprehension over the security of this windfall:

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