Episode Details

Irish companies still carry €700 million in warehoused debt, five years after the pandemic, according to the Revenue Commissioners latest report. This debt, part of a special scheme, has resulted in €251 million being written off due to liquidations and bankruptcies. Meanwhile, foreign-owned multinationals contributed €28.8 billion in corporation tax, making up 87% of receipts, while Irish multis contributed €1.8 billion. The overall effective tax rate remained low at 9.9%, with audits yielding €734 million from over 237,000 checks.

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