concentration risk

The 10 blockbuster companies behind Ireland’s corporate tax windfall

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The 10 blockbuster companies behind Ireland’s corporate tax windfall

Despite repeated warnings about the potential once-off nature of corporation tax receipts and the concentration risk of having so few firms paying the bulk of the money, Ireland continues to hit the business tax jackpot.Revenue from the tax swelled to a record €23.8 billion last year, almost six times the amount garnered in 2014. It … Read more

Top 7.7% of earners now paying more than half all income tax and USC, report finds

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Top 7.7% of earners now paying more than half all income tax and USC, report finds

The top 7.7 per cent of earners in Ireland accounted for more than 54 per cent of the income tax paid to the State in 2021, according to a new report by the Parliamentary Budget Office (PBO).