In March, Ireland’s corporation tax take jumped to €1.6 billion. That month is not one when many companies pay tax, and receipts for March last year were just €233 million. In its monthly fiscal monitor, the Department of Finance remarked at the time: “The annual increase in corporation tax in March reflects, in part, a timing issue, ie earlier payment of receipts which were expected in August this year, which will distort the year-on-year comparison for March and August, but also increased profitability of a small number of companies in the ICT sector.” By that explanation, corporation tax receipts should…

Want to continue reading?

Introductory offer: Sign up today and pay €200 for an annual membership, a saving of €100.

Subscribe

Cancel anytime.

Are you already a member? .