The council was critical of the Government's handling of corporation tax. The Government is planning to run a surplus of €10.2 billion this year, equivalent to 32 per cent of the expected corporation tax total of €32 billion. “The Government is planning on spending most of its corporation tax receipts,” the council says. “While we don’t anticipate a sudden fall in corporation tax, it is a volatile revenue source to be basing day-to-day spending on,” it says. In its submission, Ifac says the Irish economy is continuing to perform well.

Source: The Irish Times December 16, 2025 15:02 UTC