Seamus Healy
Question:99. Deputy Seamus Healy asked the Minister for Finance the tax breaks and incentives, if any, available to a company (details supplied); and if he will make a statement on the matter. [23742/16]
View answerThursday, 21 July 2016
Questions (99)
Written answers
The Irish tax system is statute-based and is operated in an open and transparent manner. All companies in Ireland pay the standard 12.5% rate on their trading profits arising in Ireland. All companies here pay a corporation tax rate of 25% on their non-trading income, and chargeable capital gains are taxable at the capital gains tax rate of 33%. These rates, along with any reliefs, credits or allowances that are available to companies, are set down in statute law.
I am advised by the Revenue Commissioners that for reasons of taxpayer confidentiality it does not disclose details of the tax affairs of any individual or company to a third party.