asked the Minister for Finance the amount of corporation profits tax that he anticipates will be paid in 1963-64 by the Budget imposition of 5 per cent on profits up to £2,500, and the portion thereof that will be paid by companies whose taxable profits will not exceed £2,500.
Ceisteanna—Questions. Oral Answers. - Corporation Profits Tax.
7.
It is estimated that the proposed charge of corporation profits tax at five per cent on profits up to £2,500 will bring in £450,000 in 1963-64. The portion of this figure attributable to companies whose taxable profits do not exceed £2,500 is estimated at £200,000.