The Minister of Finance has warned of the dangers of relying on high levels of corporate tax receipts, saying they create an “artificially benign picture” of the public finances.
Paschal Donohoe said there is a clear need to pull back on the country’s reliance on corporate tax receipts.
Speaking at the National Economic Dialogue at Dublin Castle, Mr Donohoe said that corporate tax receipts now account for 1 euro in every 4 euro collected in exchequer tax revenue.