Wednesday, 9 October 2013

Questions (65)

Pearse Doherty

Question:

65. Deputy Pearse Doherty asked the Minister for Finance the number of companies making corporation tax returns in excess of €1 million, €5 million, €10 million and so on, in increments of €5 million, for each of the years since 2006. [42656/13]

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Written answers (Question to Finance)

It is assumed the Deputy is referring to the number of companies that filed corporation tax returns for the years outlined who had Net Trading Income (before deductions and charges) in excess of the amounts specified in the question. I am informed by the Revenue Commissioners that the relevant figures are as contained in the Table CTS 1 of the Statistical Reports published annually by the Commissioners and can be found on the Revenue website at www.revenue.ie.

The latest year for which information is available from that source is for 2010 which is contained in the 2011 report.

The corresponding information for 2011 is available and will be included in the 2012 report on the website as soon as possible. Data for the year 2012 is not yet available.

Because of the Revenue Commissioners’ obligation to observe confidentiality in relation to the taxation affairs of individual taxpayers and small groups of taxpayers, a breakdown by the bands requested by the Deputy is not provided in relation to incomes exceeding €10 million due to the relatively small numbers of companies with incomes in excess of that level.

The following table shows the number of companies that filed corporation tax returns with Net Trading Income (before deductions and charges) in excess of €1million, €5 million and €10 million for the years 2006 – 2011:

Number of companies with Net Trading Income (before deductions and charges)

Year

Number of Companies

With > €1m

Number of Companies

With > €5m

Number of Companies

With > €10m

2006

3,089

968

571

2007

3,110

1,010

586

2008

2,241

741

441

2009

2,090

722

457

2010

1,965

710

463

2011

1,982

696

459