Ireland's soaring corporation tax receipts cushion against a hard Brexit

Canada News News

Ireland's soaring corporation tax receipts cushion against a hard Brexit
Canada Latest News,Canada Headlines
  • 📰 Reuters
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 97%

Ireland's corporation tax receipts for 2019 will be around 300 million euro...

DUBLIN - Ireland’s corporation tax receipts for 2019 will be around 300 million euros higher than previous estimates, figures released on Saturday showed, giving the country a cushion against any economic slowdown in the event of a hard Brexit.

The government had estimated receipts of 9.98 billion euros for 2019, and 10.465 billion euros for 2020. Ireland will base its budget for 2020 on the assumption that Britain exits the European Union later this month without agreeing a separation deal, setting aside funds for vulnerable sectors, Finance Minister Paschal Donohoe said on Friday.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Reuters /  🏆 2. in US

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Ireland says if UK's Brexit proposals are final, there will be no dealIreland says if UK's Brexit proposals are final, there will be no dealIf Britain's latest proposals for an agreement on leaving the European Unio...
Read more »

EU and Ireland sceptical of a Brexit breakthrough after PM Johnson's offerEU and Ireland sceptical of a Brexit breakthrough after PM Johnson's offerThe European Union and Ireland said on Thursday that Prime Minister Boris Johnso...
Read more »

Tusk says EU united with Ireland on Brexit, unconvinced by British planTusk says EU united with Ireland on Brexit, unconvinced by British planEuropean Council President Donald Tusk said on Thursday that the EU was fully un...
Read more »

EU and Ireland sceptical of a Brexit breakthrough after Johnson's offerEU and Ireland sceptical of a Brexit breakthrough after Johnson's offerUK PM Johnson's offer focuses on a complicated proposal for preserving a free-flowing border between British-run Northern Ireland and EU member state Ireland after Brexit.
Read more »

Ireland would consider Brexit extension if UK sought one: PM VaradkarIreland would consider Brexit extension if UK sought one: PM VaradkarIrish Prime Minister Leo Varadkar said he would consider a Brexit extension if the UK sought one
Read more »

Explainer: Why the UK's Brexit proposal falls short for the EUExplainer: Why the UK's Brexit proposal falls short for the EUBritain's latest proposal for an agreement on the terms of its divorce from...
Read more »



Render Time: 2025-03-12 15:20:45