Ireland collected about twice as much revenue from corporate taxes as projected, data showed on Friday, further bolstering a government budget surplus that the government in Dublin plans to use to help businesses and consumers deal with the energy crisis. Taxes paid by businesses in the country, mainly large multinationals attracted by the country’s particularly […]
Tag: tax revenue
Tax revenues increased by 506 million euros in April
By Tasos Dasopoulos The tax revenues of April increased by 506 million euros against the target, continuing the good course from the beginning of the year, due to the dynamics of the economy from the end of 2021. At the level of four months, the excess of tax revenues reaches 1.789 billion euros against the […]
Pandemic and ‘Hope’ cut tax revenues by 224m euros in January
By Tasos Dasopoulos Restrictive measures to curb the spread of the Omicron mutation and deferrals of tax liabilities and bad weather “Hope” led to a 224m-euro shortfall in tax revenue in January. The revenue shortfall combined with a larger deficit of € 1,654 million in expenditure led to a marginal primary surplus of € 17 […]
December budget: Primary deficit reduced by 2 billion euros in 2021
By Tasos Dasopoulos With revenues increased by 743 million euros, against the budget target, it finally closed in 2021, despite the extension of the payment of traffic fees until the end of February. The primary budget deficit stood at 10.985 billion euros, down about 2 billion euros from a target of a primary deficit of […]