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Dáil Éireann díospóireacht -
Wednesday, 1 May 1963

Vol. 202 No. 5

Ceisteanna—Questions. Oral Answers. - Corporation Profits Tax Rates.

3.

asked the Minister for Finance the rate of corporation profits tax operated under the Budget for each of the following years: 1957-58, 1958-59, 1959-60, 1960-61, 1961-62 and 1962-63.

During the period mentioned in the Deputy's question the rate of corporation profits tax was 10 per cent on profits in excess of £2,500. As announced in my Budget speech, an additional five per cent charge is being imposed on all company profits arising on or after 1st January, 1962.

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