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Record Corporation Tax Receipts In November

Excise Duties tax take down.

New exchequer figures bring contrasting news about Ireland’s economy.

Corporation Tax has topped €21 billion for the year so far, with receipts of €5-billion for November alone.

That's the biggest monthly figure ever.

Returns from income tax are 4.2% ahead of target, and VAT returns are 5.5% higher than expected.

However the tax take from Excise Duties fell below €5 billion, down 5.2 %

The Department of Finance says the fall reflects measures introduced by Government to counter the rising cost of living.

 

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