Apple court case ruling sees November's corporation tax take double

In the year to the end of November, €99.1bn has been collected in tax receipts — which is €17.1bn ahead of the same period last year driven primarily by a large increase in corporation tax receipts
Apple court case ruling sees November's corporation tax take double

The Department of Finance explained that the bulk of November's increase was from the court ruling  on the Apple tax case which concluded in September.  File picture: PA

The Exchequer recorded a €13.8bn surplus during the month of November driven by the Government receiving a tranche of the money from the Apple tax case. This compares to a surplus of €5.4bn during the same month last year.

In total, €22.8bn in tax receipts were collected during November, up by €7.2bn in the same month last year. This includes €4.7bn in income tax receipts, up €60m.

Already a subscriber? Sign in

You have reached your article limit.

Unlimited access. Half the price.

Annual €120 €60

Best value

Monthly €10€5 / month

CONNECT WITH US TODAY

Be the first to know the latest news and updates

More in this section

The Business Hub

Newsletter

News and analysis on business, money and jobs from Munster and beyond by our expert team of business writers.

Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited