Ireland’s €156bn tax windfall: Where has it gone?
Most of the excess receipts from corporate tax have disappeared into the budgetary ether, in some cases to overruns in Health
Paschal Donohoe
The latest news, analysis, and comment on Paschal Donohoe, the Minister for Finance and a Fine Gael TD for Dublin Central
Ireland’s corporate tax receipts hit €156bn
Department of Finance figures show revenue from business levy advanced by more than 300% since 2015
EU-US tariff negotiations have ‘number of weeks’ to go, Donohoe says
EU negotiators pushing for spirits and aircraft to get tariff exemption in trade deal
Seized criminal assets to be disposed of more quickly under new measures
Under new Bill, assets seized by Criminal Assets Bureau can be disposed of after two years instead of five
Paschal Donohoe to remain as Eurogroup chair for third term
Donohoe set to be re-elected to influential EU role that chairs meetings of euro zone ministers
No giveaway budget this year, Ministers told
Summer economic statement will not be agreed until next week at earliest
Expect plenty of cribbin’ and moanin’ as the budget games begin
Budget ministers and party leaders are determined to eliminate the ‘once-off’ giveaways of the last three budgets
Guests sang Donald Trump’s signature tune at the US ambassador’s bash until embarrassment got the better of them
Michael Flatley toots a flute for Irish-US relations; Micheál Martin gets plonked in front of a harp in Japan
Ringfence €500m annually for water services, builders tell Government
Construction Industry Federation budget submission warns on infrastructure gap
Evergreen corporate taxes insulate public finances from trade turmoil
Half-year exchequer numbers show another spike in receipts from business tax
Public finances boosted by another spike in corporate tax receipts
Latest half-year exchequer numbers indicate Government collected €7.4bn in corporate tax last month
Any EU trade deal with US would be limited in scope initially to avoid July 9th tariffs, von der Leyen says
European Commission president says it would be `impossible’ for any agreement next week to have trashed out the ‘very complex’ detail required for a full trade deal
College fees: Students and parents feel ‘betrayed’ by prospect of contribution charge rising
TD says parents cannot wait for budget in four months to find out what fees they must pay
Housing target should be revised up to 60,000 homes per year, Dublin Chamber says
The group said businesses are ‘increasingly dissatisfied and frustrated’ by the lack of delivery of infrastructure by the Government
Paschal Donohoe well placed in Eurogroup job race despite Spanish challenge
Spanish government short of favours as economy minister challenges Paschal Donohoe for Eurogroup role
Trade and economic uncertainty reaches record levels, Government trade forum hears
Government assessment is of robust economy continuing to grow, but at slower rate
State must increase spending by €265bn by 2050, Central Bank’s Makhlouf warns
Central Bank governor calls for Government to have ‘credible’ spending rules for upcoming budget
Paschal Donohoe faces contest to stay on as Eurogroup chair
Spain and Lithuania challenge Ireland’s hold on influential EU finance role
Cost to take priority over ‘aesthetics’ in future State infrastructure projects
Minister for Public Expenditure Jack Chambers was in London where he spoke of a new “disciplined” approach to investment
Paschal Donohoe’s refusal to tackle banker bonus ban is hitting those who bought State’s shares
The Minister for Finance has lifted pay caps at AIB and PTSB, but a 89pc supertax on bonuses remains
Micheál Martin and Paschal Donohoe are responsible for this Government’s lethargy
They have power, but seem unwilling to introduce cultural change and fiscal discipline
How AIB, once worth less than its art collection, came back from the brink
Free of State ownership again, the Irish bank is now hugely profitable, but the legacy of the bailout lingers
Donohoe ‘grateful for strong support’ to continue as Eurogroup president
Government waiting to see if Donohoe will be challenged for Eurogroup president role
Cutting taxes for pubs and restaurants means little or no tax cuts for everyone else
Taxpayers will pay more as bands and credits are not adjusted to take account of inflation
AIB share sale brings banker pay back into focus
Minister has kept 89% supertax on bonuses over €20,000 for bank executives in place even as he removes cap on salaries
The Irish Times view on the State selling out of AIB: competition in banking is now the issue
While the return of funds to the exchequer is welcome, the total cost of the financial collapse is incalculable
Donohoe lifts remaining bank pay caps after selling last AIB shares
Irish bank was rescued by State with a €20.8bn bailout post the 2008 crash
VAT rate for hospitality to be cut in budget, Harris says
Benefits of trade are being replaced by zero-sum thinking that is detrimental to living standards on all sides, Minister says
State must meet ‘unprecedented challenges’ against backdrop of significant economic threats, says Taoiseach
Pre-budget National Economic Dialogue on Monday to hear calls for accelerated housing and infrastructure delivery
Ireland uniquely exposed to reversal of globalisation, IMF warns
Washington DC-based fund highlights strength of Irish economy while flagging risk
Local property tax bands and rates set to be changed to stave off big increases
Changes are being introduced to mitigate effects rising property values have on tax bills
Corporate tax take tumbles 30% for May with €1.1bn less over same month last year
Department of Finance downplays the decline, attributing it to ‘once-off’ factors
State utility firms told Minister chief executive pay limits posed ‘serious risks’ to organisations
Pay review group told there were concerns about the potential loss of chief executives at critical time for companies
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