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Tax Data

Dáil Éireann Debate, Thursday - 30 July 2020

Thursday, 30 July 2020

Ceisteanna (308)

Mairéad Farrell

Ceist:

308. Deputy Mairéad Farrell asked the Minister for Finance the number of companies with section 110 of the Taxes Consolidation Act 1997 status in each of the years 2016 to 2019 and to date in 2020, in tabular form. [19612/20]

Amharc ar fhreagra

Freagraí scríofa

I am advised by Revenue that, as there is no legislative requirement for a company to notify the Revenue Commissioners when it ceases to be a section 110 company, it is not possible in the time available to physically determine the total number of such companies in each of the years specified.  However, the following information is available in respect of the number of Section 110 notifications received in each of the years 2016 to 2019 and to date in the year 2020:  

Year

Number of Notifications received

2016

478

2017

382

2018

471

2019

532

2020*

202

Total

2,065

*as at 27.07.2020

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