Corporation Tax

Dáil Éireann Debate, Tuesday - 16 January 2018

Tuesday, 16 January 2018

Questions (234, 235)

Peadar Tóibín

Question:

234. Deputy Peadar Tóibín asked the Minister for Finance the gross and net corporate tax receipts in each of the years from 2008 to 2017. [1613/18]

Peadar Tóibín

Question:

235. Deputy Peadar Tóibín asked the Minister for Finance the amount of interest payments paid to corporate taxpayers in respect of overpaid corporate tax in each of the years from 2008 to 2017. [1614/18]

Written answers

Minister for Finance

I propose to take Questions Nos. 234 and 235 together.

I am informed by Revenue that the gross and net Corporation Tax receipts for the years 2008 to 2017 are shown in the following table. Figures for 2017 are provisional and likely to be updated on publication of Revenue’s Annual Report for the year 2017. These figures can also be accessed on the Revenue website at https://www.revenue.ie/en/corporate/press-office/annual-report/index.aspx for recent years and also at https://www.revenue.ie/en/corporate/information-about-revenue/statistics/index.aspx for earlier years.

Year	Gross Corporation Tax	Net Corporation Tax
	€m	€m
2008	6,046	5,072
2009	5,335	3,890
2010	4,920	3,944
2011	4,449	3,500
2012	5,027	4,215
2013	4,978	4,270
2014	5,300	4,617
2015	7,657	6,873
2016	8,206	7,352
2017(p)	9,349	8,202

Regarding Question No. 235, Revenue has advised me that the following table sets out the number and value of interest payments made to corporate taxpayers on foot of overpayments for the years 2008 to 2017 inclusive.

Year	Number of Repayments	Interest Paid €m
2008	93	0.22
2009	105	0.62
2010	56	0.05
2011	17	0.73
2012	9	0.38
2013	6	1.00
2014	5	0.02
2015	11	0.53
2016	5	0.01
2017	4	0.02
Total	311	3.58

The Deputy may wish to note that Revenue will publish a paper with detailed analysis of Corporation Tax receipts in 2017 in April 2018 once data for last year have been processed.