Apple is at it again. This is the third consecutive year when March Irish tax figures are skewed by technical changes in the corporate structure of the global IT giant. Despite the apparent drop in corporation tax receipts last month, however, every indication is that the “windfall” multinational bonanza lining Exchequer coffers for the past decade is set to continue this year. The State’s overall tax revenue in the first quarter essentially flatlined after steady gains in Vat and income tax were offset by a €741 million drop in corporation tax last month alone. Yet Ministers for Finance Michael McGrath…

Read on for just €1

For a limited time, get your first month for €1 and unlock full access to The Currency and The Wall Street Journal – two premium memberships, one subscription.

Subscribe

Cancel at any time.

Are you already a member? .