Ireland's tax receipts surged by 40% in August, with corporation tax reaching €3.7bn, a 109% increase.

In August, Ireland's tax receipts surged by 40% compared to 2021, with corporation tax reaching €3.7 billion, a 109% increase. Year-to-date corporation tax totals €16.3 billion, up 28.4%. Overall tax revenue for the first eight months is €59.8 billion, a 12.6% rise. Despite positive trends, Finance Minister Jack Chambers urged caution due to revenue volatility. Budget 2025 will be presented on October 1, ahead of a potential general election.

September 04, 2024
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