Digital tax to cost Ireland €75m in lost revenue

The proposed EU digital tax could cost the exchequer at least €75m a year if implemented, calculations from Revenue have revealed.

Digital tax to cost Ireland €75m in lost revenue
Wed, 02 May, 2018 - 08:30

By Pádraig Hoare

The proposed EU digital tax could cost the exchequer at least €75m a year if implemented, calculations from Revenue have revealed.

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<p>Cork-founded information and communication technologies company PFH Technology has posted turnover of €178.5m, up 18% on the previous year, with operating profits increasing to €19.8m.</p>

Profits rise to €19.8m at Cork-headquartered PFH Technology

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