Ireland still sees 2016 tax take almost 2 percent above target

Ireland still sees 2016 tax take almost 2 percent above target
 

Ireland still expects to collect almost 2 percent more tax than expected this year despite waning outperformance in recent months, the country's finance ministry said on Saturday.
Ireland's tax take was as much as 4 percent ahead of target by the end of May but slower than forecast growth in some parts of the domestic economy cut that to 1.5 percent at the end of September, data published earlier this week showed.
In an up-to-date forecast, the ministry said it expected the tax take to finish the year 1.9 percent ahead of target, the same outturn it saw the last time it updated the figures... read more

 
8 October 2016 in Business, Views: 66
Source: Reuters
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