Ireland set to exceed corporate tax forecast for 2023 - official

Kitco Media
By Reuters
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Reuters
DUBLIN, April 4 (Reuters) - Ireland is set to collect more than the 22.7 billion euros ($24.9 billion) of corporate tax forecast for this year, provided there are no shocks to the economy, the finance ministry's chief economist said on Wednesday. Ireland collected 15% more tax in the first quarter than the record levels received in the same period in 2022, data from the finance department showed on Wednesday, thanks in particular to another surge in corporate tax receipts. "Whether we will over-achieve on the 22.7 (billion) in the absence of any shock to the economy, the answer is yes," John McCarthy told a news conference. ($1 = 0.9132 euros) (Reporting by Padraic Halpin, Editing by William Maclean)

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