Irish corporate tax receipts surge 36% in key payment month

Ireland's corporate tax receipts surged 36% in November, collecting 10 billion euros, driven by U.S. multinationals. This increase pushed the overall tax take 8.2% higher year-on-year, excluding Apple back taxes. Income tax and VAT also rose significantly. The finance ministry forecasts corporate tax receipts to reach 32 billion euros in 2025, with increased spending on public services and infrastructure. Ireland reported a headline exchequer surplus of 10.4 billion euros at the end of November.