Donohoe: State’s tax exposure to stay secret

Finance Minister Paschal Donohoe has said the authorities will not publicly disclose the handful of top multinationals which account for the lion’s share of the €8.2bn the State collects in corporation taxes.

Finance Minister Paschal Donohoe has said the authorities will not publicly disclose the handful of top multinationals which account for the lion’s share of the €8.2bn the State collects in corporation taxes, writes Eamon Quinn.

The pledge over continuing confidentiality by the Government and its agencies comes as his departmental officials warned of an increased “exposure” and “vulnerability” to the State’s finances to a small number of multinationals.