Dáil Éireann Debate, Wednesday - 13 May 2026
30. Deputy Cian O'Callaghan asked the Tánaiste and Minister for Finance to explain the significant increase in corporation tax yield forecast between 2029 and 2030, as set out in Table 12 of the Annual Progress Report 2026; and if he will make a statement on the matter. [35427/26]
Amharc ar fhreagraThe Annual Progress Report projects corporation tax receipts for this year of €35.3 billion. Over the medium term, corporation tax growth is expected to moderate. The Annual Progress Report projects corporation tax receipts to reach €39.4 billion in 2029, rising to €45.2 billion in 2030.
The large increase between 2029 and 2030 seen in the projections reflects a large negative once-off factor of which my Department has been advised, which may depress 2029 receipts. There are a number of factors that can impact on the projections, including corporate profitability, once-off factors and the (potential) outcome of cross-border tax disputes. This means the growth rate in corporate tax can be volatile from one year to the next.
