Ireland ahead of tax-take schedule due to strong corporate receipts



Ireland collected 1.5 percent more tax than expected in the first nine months of the year as continued outperformance in corporate tax receipts helped offset slower than forecast growth in some parts of the domestic economy.
The government has said it expects its year-end tax take to be 2 percent higher than forecast following a strong start to the year but the outperformance has waned each month since May when it took in 4.3 percent more tax than expected.
Corporate tax receipts from the large cluster of mainly foreign firms, which accounted for most of last year's tax surplus, were 644... read more

 
4 October 2016 in Business, Views: 35
Source: Reuters
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