Money owed from Apple tax case drives €3.2bn Exchequer surplus

Exchequer results show total tax revenue generated in February stood at €5.1bn bringing the total so far this year to €15.2bn

If money from the Apple ruling was excluded, the Exchequer would have recorded a surplus of €200m during the first two months of the year.

Money owed to Ireland as a result of the Apple tax case last year is continuing to filter into the Exchequer leading to a surplus of €3.2bn during the first two months of the year, new figures show.

This is a significant increase from the €100m deficit recorded during the same period last year, and if the receipts arising from the Court of Justice of the European Union (CJEU) ruling of September 10 against Apple last year were excluded, the Exchequer would have recorded a surplus of just €200m.