Dáil Éireann Debate, Thursday - 23 February 2017
132. Deputy Michael McGrath asked the Minister for Finance the annual corporate tax and other named taxes paid by the revenues generated by aircraft leasing firms based here in each of the years 2010 and 2016 in tabular form; and if he will make a statement on the matter. [9331/17]
View answerI am advised by Revenue that the total Corporation Tax, Value Added Tax (VAT) and PAYE Income Tax & Universal Social Charge payments by businesses in the aircraft leasing industry for the years requested are as shown in the following table. Information in respect of Customs Duty and Stamp Duty paid by aircraft leasing companies is not readily available.
I am informed that the figures are based on the industry description assigned to businesses on the Revenue taxpayer register. While these are considered as likely to be broadly accurate for the majority of cases, there may be some small levels of misclassification.
|
Year |
VAT* €m |
PAYE/USC €m |
Corporation Tax €m |
Total €m |
|
2010 |
-16 |
25 |
15 |
24 |
|
2011 |
-19 |
30 |
20 |
31 |
|
2012 |
-21 |
36 |
36 |
51 |
|
2013 |
-17 |
51 |
29 |
63 |
|
2014 |
-15 |
55 |
23 |
63 |
|
2015 |
-26 |
77 |
34 |
85 |
|
2016** |
-19 |
95 |
52 |
128 |
* The Aircraft Leasing sector is in a net repayment position in respect of VAT for each year.
** Data for 2016 are provisional.
