Dáil Éireann Debate, Thursday - 10 October 2024
150. Deputy Pearse Doherty asked the Minister for Finance to outline the projected impact of BEPS pillar one and how it is accounted for in the revenue for each year between 2025 to 2030 in the economic and fiscal outlook presented on Budget day. [40773/24]
View answerThe Budget 2025 tax revenue projections incorporate a net negative €2 billion impact from both pillars from 2026 on.
As the Deputy will be aware, work is still ongoing on the finalisation of Pillar 1 of the agreement and so the forecasts presented at Budget time are unchanged from previous forecasts. The situation will be monitored by my Department and the estimate revised once greater clarity is available.
