"The €32.9bn collected is separate to the Apple back tax payment that was ordered by European Court of Justice in September 2024. It resulted in €10.9bn being paid that year, and a further €1.726bn in 2025. December was another strong month for corporation tax receipts, reflecting the buoyant performance of US pharma and tech companies here. A further €3.6bn was collected, up by €1bn on December 2024, again excluding the Apple money."
"There is no immediate end to the corporation tax bonanza in sight, with many big multinationals moving to a 15pc rate this year due to a new OECD global framework. Orla Gavin, head of tax at KPMG, said: "This is projected to raise an additional €3bn for the Irish exchequer in 2026 due to the increased 15pc Pillar Two rate.""
"Income tax receipts were flat in December, but the total for the year came in at €36.6bn, which was €1.5bn ahead of 2024, a 4.3pc increase. This suggests that the increase in wages more than offset the impact of a slight increase in unemployment in the second half of the year. An even better performance under this tax head can be expected in 2026, under new finance minister Simon Harris,"
Ireland collected €32.9bn in corporation-related receipts excluding the Apple back tax, with Apple payments of €10.9bn in 2024 and €1.726bn in 2025. December corporation tax was €3.6bn, up €1bn from the prior December, supported by strong US pharma and tech profits. Many multinationals will move to a 15% rate under the OECD Pillar Two framework, projected to raise about €3bn in 2026. Overall tax revenues reached €107.4bn, up 8.9% year‑on‑year excluding Apple. Income tax totaled €36.6bn (up 4.3%), VAT was €22.9bn, and the Exchequer posted a €7.1bn surplus in 2025.
Read at Irish Independent
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