Europe is again eyeing Ireland’s corporate tax revenue

The Irish Times · Cliff Taylor · 2026-11-05 10:39 UTC

So enormous are the State’s revenues that they are attracting more international attention than the Government would like

The EU is struggling to put together a budget package for the next seven years. This has left European Council president António Costa casting around for new sources of funds that can shore up the budget sums by increasing the bag of tax resources over which the EU has direct control.

The risk for Ireland is that corporate taxes are again in the frame. And as the biggest EU recipient of multinational corporate taxes, the Government could befacing another diplomatic battle to protect Irish revenues.

Costa has been looking at options that would funnel some tax revenues away from countries where multinationals now pay their tax – including Ireland – into the central EU pot.

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