Investor Presentaiton
30%
20%
10%
0%
-10%
-20%
-30%
Industry
High value MNC activity adds to tax base
Ireland revenue less impacted by Covid
GDP overstates Ireland's progress but is still a reasonable
barometer for Revenue, in particular CT and IT
ICT
Public
Real Estate
Agri, For, Fish
Fin & Ins.
Prof, Admin
Construction
Dist, Trans, Hotels &
Rest
Arts, Entertainment
1% of CT, PAYE, VAT
y-o-y change in GVA (2020)
Gníomhaireacht Bainistíochta an Chisteáin Náisiúnta
National Treasury Management Agency
Source: CSO, Revenue, NTMA Calculations
Multinational sectors critical for Income tax and Corporation
tax (2020 data)
100%
80%
60%
40%
20%
0%
VAT
PAYE
CT
Three taxes
combined
I Manufacturing (incl. Pharma)
I Admin (incl. Aircraft Leasing)
Other Sectors
ICT (tech sector)
Fin & Ins.
Elasticity based on 1995-2019 data. E = (annual % change in tax)/(annual % change in growth variable
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