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Dáil Éireann debate -
Wednesday, 26 Jan 1994

Vol. 437 No. 6

Written Answers. - Corporation Profits Tax.

Ivan Yates

Question:

201 Mr. Yates asked the Minister for Finance the cost of reducing the corporations profits tax rate from 40 per cent to 25 per cent for small companies and profits up to £80,000 per annum.

The full year cost of reducing the corporation tax rate from 40 per cent to 25 per cent for companies with taxable profits up to £80,000 per annum is estimated at £25 million.

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