Aircraft firms pay just €23m in tax

The multi-billion euro aircraft leasing industry here paid Irish corporation tax of only €23m last year.

Aircraft firms pay just €23m in tax
Thu, 22 Oct, 2015 - 01:00
Gordon Deegan

That is according to figures provided by Minister for Finance Michael Noonan who confirmed that the €23m paid over last year was less than the €29m the exchequer received from the industry in 2013.

Ireland is home to nine of the 10 largest aircraft leasing firms in the world.

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Courtsaircraftleasingcoporation taxtaxPlace: IrelandPerson: Minister for FinancePerson: Michael NoonanPerson: John FitzgeraldPerson: Michael McGrathPerson: NoonanPerson: McGrathOrganisation: SMBCOrganisation: Pembroke CapitalOrganisation: Awas CapitalOrganisation: GecasOrganisation: AvolonOrganisation: SMBC Aviation CapitalOrganisation: DáilOrganisation: Fianna FáilOrganisation: VatOrganisation: Bohai LeasingOrganisation: Ireland
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