Dáil Éireann Debate, Tuesday - 18 October 2022
271. Deputy Eoin Ó Broin 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 between 2014 and 2022, in tabular form;; and if he will make a statement on the matter. [51305/22]
View answerI am advised by Revenue that information in respect of the years 2019 to 2021 is available on the Revenue website at: www.revenue.ie/en/corporate/documents/research/ct-analysis-2022.pdf
The information is contained in Table 17, and 2021 is the latest year for which data are available.
The information for the years 2014 to 2018 is shown in the table below.
|
Year |
Corporation Tax €m |
Employment Taxes €m |
VAT €m |
|
2014 |
23 |
89 |
-15 |
|
2015 |
34 |
122 |
-26 |
|
2016 |
61 |
138 |
-19 |
|
2017 |
40 |
211 |
-24 |
|
2018 |
54 |
248 |
-32 |
Ireland is the leading centre for aircraft leasing globally - the industry reports that over 60% of the world’s leased aircraft are managed from Ireland. This industry forms part of our rich eco-system of high calibre indigenous businesses and multinational corporations, which is a key driver of economic growth and allows Ireland to compete in a globalised world.
