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Investing.com -- Ireland’s corporate tax revenues for this year are predicted to be just under 28 billion euros ($31.8 billion), excluding back taxes related to Apple (NASDAQ:AAPL). This figure is lower than the nearly 30 billion euros projected in October of last year, according to a senior official on Tuesday.
John McCarthy, Chief Economist at the Finance Ministry, informed a news conference that Ireland’s tax office, Revenue, has reported that several firms will be making smaller payments to the state this year on a one-off basis.
In addition, the Finance Ministry has reduced its forecast for corporate tax revenues for 2026. The new estimate is 28.1 billion euros, down from the 30.3 billion euros predicted six months prior.
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