Could this be the end of Ireland's budget billions?
Falling corporation tax receipts coupled with a slowing economy could spell the end of bumper budget surpluses.
Source: independent.ie
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Falling corporation tax receipts coupled with a slowing economy could spell the end of bumper budget surpluses.
Exchequer returns indicate valuable revenue stream ebbing for the third month in succession
Third straight month of decline means total corporation tax take now running lower for the year to date
In total, the state collected €5.1 billion in revenue in October.
It is the second consecutive month in which corporate tax declined year-on-year.