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  • #102
    antoobrien
    Registered Users, Registered Users 2 Posts: 6,106 ✭✭✭antoobrien


    Heroditas wrote: »
    Thanks.
    Wonder how the ratio to GDP would look if we aligned our corporation tax with the likes or Germany or the UK!!!

    No country charges the headline rate of CT, so complaints about our CT rates are disingenuous at best. What those countries really want is to have corporations have profits raised in a country taxed at source - which would be a bad thing for us because the Irish operations of the companies declaring European CT in Ireland are tiny (meaning less tax for us not more).

    With our current scheme we're not doing badly with a 3% ratio (vs European average of 3.04%). The UK ratio is 3.2%, Germany's is 2.5%.

    Eurostat figures Corporation Tax as % GDP

    GEO/TIME | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | Average
    Belgium | 3.2 | 3.6 | 3.5 | 3.4 | 2.5 | 2.7 | 3.2
    Bulgaria | 1.6 | 1.8 | 4.1 | 2.9 | 2.4 | 1.8 | 2.4
    Czech Republic | 4.3 | 4.6 | 4.7 | 4.2 | 3.5 | 3.4 | 4.1
    Denmark | 3.9 | 4.4 | 3.8 | 3.3 | 2.3 | 2.7 | 3.4
    Germany | 2.5 | 2.9 | 2.9 | 2.7 | 2.0 | 2.2 | 2.5
    Estonia | 0.5 | 0.4 | 0.4 | 0.4 | 0.3 | 0.2 | 0.4
    Ireland | 3.4 | 3.7 | 3.4 | 2.8 | 2.4 | 2.5 | 3.0
    Greece | 3.3 | 2.7 | 2.6 | 2.5 | 2.5 | 2.4 | 2.7
    Spain | : | : | : | : | : | : | :
    France | 2.3 | 2.9 | 2.9 | 2.7 | 1.3 | 1.9 | 2.3
    Italy | 2.3 | 2.9 | 3.3 | 3.1 | 2.4 | 2.3 | 2.7
    Cyprus | 4.7 | 5.5 | 6.8 | 7.1 | 6.5 | 6.2 | 6.1
    Latvia | 2.0 | 2.3 | 2.7 | 3.2 | 1.6 | 1.0 | 2.1
    Lithuania | 2.1 | 2.8 | 2.6 | 2.7 | 1.8 | 1.0 | 2.2
    Luxembourg | 5.8 | 5.0 | 5.3 | 5.1 | 5.5 | 5.7 | 5.4
    Hungary | : | : | : | : | : | : | :
    Malta | 3.6 | 4.0 | 5.1 | 5.5 | 6.0 | 5.6 | 5.0
    Netherlands | 3.6 | 3.7 | 3.5 | 3.4 | 2.1 | 2.3 | 3.1
    Austria | 2.3 | 2.3 | 2.6 | 2.6 | 1.9 | 2.0 | 2.3
    Poland | : | : | 2.8 | 2.7 | 2.3 | 2.0 | 2.5
    Portugal | 2.7 | 2.9 | 3.6 | 3.7 | 2.9 | 2.8 | 3.1
    Romania | 2.7 | 2.8 | 3.1 | 3.0 | 2.7 | 2.3 | 2.8
    Slovenia | 2.8 | 3.0 | 3.2 | 2.5 | 1.8 | 1.9 | 2.5
    Slovakia | 2.7 | 2.9 | 3.0 | 3.1 | 2.5 | 2.5 | 2.8
    Finland | : | : | : | : | : | : | :
    Sweden | 3.6 | 3.6 | 3.8 | 2.9 | 3.0 | 3.4 | 3.4
    United Kingdom | 3.2 | 3.8 | 3.2 | 3.4 | 2.7 | 3.0 | 3.2
    Iceland | : | : | : | : | : | : | :
    Norway | : | : | : | : | : | : | :
    Switzerland | 2.4 | 3.0 | 3.1 | 3.2 | 3.1 | 3.0 | 3.0


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