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Tax Yield

Dáil Éireann Debate, Tuesday - 23 October 2012

Tuesday, 23 October 2012

Questions (186)

Joe Higgins

Question:

186. Deputy Joe Higgins asked the Minister for Finance the amount that a tax on uninvested profits of corporations domiciled here after deducting corporation would raise at various rates of 10%, 20%, 25%, 30%. 40% and 50%. [46357/12]

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Written answers

I am informed by the Revenue Commissioners that specific information on the amount of uninvested profits of companies is not available from corporation tax returns. There is therefore no basis on which an estimate of the Exchequer yields from the changes mentioned in the question could be provided.

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