Recently the Irish Department of finance released a study on effectuve rates of corporate taxation in Ireland. One of the most interesting findings pointed to an effective rate of taxation of 8.4%, a measure, according to the report , calculated based on ‘Net Operating Surplus’. A second measure based on the tax due as a proportion of Taxable Income from the Corporation Tax Distribution Statistics produced by the Revenue Commissioners showed a higher effective rate of 10.4 per cent.
The figure of 2.2%, as reported previsouly still stands for firms such as US multinationals operating in Ireland. The official corporate rate of tax remains at 12.5%.