Dáil Éireann Debate, Wednesday - 29 February 2012
51 Deputy Sean Fleming asked the Minister for Finance if he will set out in tabular form the corporation tax rate prevailing in each year from 1985 to date; the receipts from corporation tax; the total receipts of taxation in each year; the percent of total taxation received from corporation tax; and if he will make a statement on the matter. [11805/12]
View answerI am informed by the Revenue Commissioners that the information requested by the Deputy is as follows for the years in question. The total tax revenue and corporation tax revenue figures in columns C and D in the following table are Revenue "net receipts" figures which can differ from tax revenues reported on an Exchequer basis for accounting and timing reasons.
|
Year(A) |
Standard Rate of Corporation Tax applicable to profits earned in the year(B) |
Total net receipt of all tax revenue(C) |
Total net receipt of corporation tax(D) |
Corporation tax as a percentage of all tax revenue(E) |
|
€m |
€m |
|||
|
1985 |
50% |
6,797.2 |
276.2 |
4.1% |
|
1986 |
50% |
7,442.2 |
327.5 |
4.4% |
|
1987 |
50% |
7,944.9 |
324.7 |
4.1% |
|
1988 |
50% and 47% |
8,974.4 |
425.2 |
4.7% |
|
1989 |
47% and 43% |
9,097.0 |
384.7 |
4.2% |
|
1990 |
43% |
10,056.3 |
603.0 |
6.0% |
|
1991 |
43% and 40% |
10,581.7 |
754.4 |
7.1% |
|
1992 |
40% |
11,333.1 |
938.0 |
8.3% |
|
1993 |
40% |
12,333.9 |
1,209.0 |
9.8% |
|
1994 |
40% |
13,775.1 |
1,438.2 |
10.4% |
|
1995 |
38% and 40% |
14,360.9 |
1,458.0 |
10.2% |
|
1996 |
38% |
15,907.7 |
1,813.4 |
11.4% |
|
1997 |
38% and 36% |
18,107.4 |
2,155.0 |
11.9% |
|
1998 |
32% |
20,463.9 |
2,614.3 |
12.8% |
|
1999 |
28% |
23,532.5 |
3,442.4 |
14.6% |
|
2000 |
24% |
27,223.8 |
3,885.3 |
14.3% |
|
2001 |
20% |
28,023.8 |
4,143.9 |
14.8% |
|
2002 |
16% |
29,276.6 |
4,803.8 |
16.4% |
|
2003 |
12.5% |
32,218.9 |
5,155.4 |
16.0% |
|
2004 |
12.5% |
35,784.6 |
5,335.0 |
14.9% |
|
2005 |
12.5% |
39,503.3 |
5,503.2 |
13.9% |
|
2006 |
12.5% |
45,539.3 |
6,684.6 |
14.7% |
|
2007 |
12.5% |
47,505.4 |
6,393.4 |
13.5% |
|
2008 |
12.5% |
41,074.4 |
5,071.5 |
12.3% |
|
2009 |
12.5% |
33,278.7 |
3,889.5 |
11.7% |
|
2010 |
12.5% |
31,919.6 |
3,943.6 |
12.4% |
|
2011 |
12.5% |
34,237 (preliminary) |
3,500.4 (preliminary) |
10.2% |
Note: Where two tax rates are shown for a year it denotes a rate change applying during the year.
