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Tax Collection Forecasts

Dáil Éireann Debate, Friday - 16 September 2016

Friday, 16 September 2016

Questions (330)

Thomas P. Broughan

Question:

330. Deputy Thomas P. Broughan asked the Minister for Finance the estimated yield to the Exchequer from corporation tax in 2017; and if he will make a statement on the matter. [26117/16]

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Written answers

The position is that my Department's latest official forecast of €7,545 million for corporation tax receipts in respect of 2017 was projected as part of the overall forecasts contained in the recent Summer Economic Statement 2016.  However, as the Deputy will appreciate, all tax-heads will be reviewed as part of annual budgetary process.  Therefore, the next official forecast for 2017 in respect of corporation tax receipts will be contained in Budget 2017, which will take account of the most up to date economic and fiscal information.

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