Coronavirus Pandemic Takes Big Toll On Ireland’s Tax Revenues

Ireland’s tax revenue fell 1.2 billion euros ($1.4 billion) in 2020 from a year earlier, its tax office’s latest figures showed Friday.

“By any measure, the context in which revenue publishes its headline results for 2020 is unprecedented in terms of disruption and uncertainty,” Niall Cody, the tax authority chairman, said in a statement.

• Despite interventions at a taxpayer’s premises being suspended since March 2020, the Ireland Revenue conducted over 378,500 audit and compliance interventions yielding over 484 million euros, either over the phone or electronically, Cody said.
• Ireland also incurred a 1.9 billion euro tax debt in ...