Ireland’s Corporate Tax Revenue Jumps 37% From Year Earlier

Ireland’s corporate tax proceeds rose by over a third in November from a year earlier as US companies operating there continued to underpin the government’s finances.

Company taxes climbed to €10 billion ($11.7 billion), up by €2.7 billion from the same month last year, the finance ministry said, excluding revenue from the Apple tax ruling by the Court of Justice of the European Union. Cumulative corporation taxes amounted to €29.4 billion by the end of November, up by 15% from last year.

An underlying exchequer surplus of €7.1 was recorded, up from €2.8 billion on the same period last year, ...