Despite the State’s insistence that they are volatile, returns are set to increase in the short term
Finance Minister Paschal Donohoe. Photo: Collins
July is not usually an important time for corporate tax. So when the Exchequer returns for July 2025 were published by the Department of Finance, it came as a surprise to see another €1.2bn had been collected. That was a 300pc increase on July 2024.
The Department of Finance said this underlined the exceptional volatility of corporate tax, which is levied on the profits of companies. “We cannot assume these over-performances will continue indefinitely,” warned Finance Minister Paschal Donohoe.
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