page_title: Taxation in the Republic of Ireland
section_title: Distribution of Exchequer Tax Revenues
hierarchical_section_title: Taxation in the Republic of Ireland / Structure of Irish tax revenues / Distribution of Exchequer Tax Revenues
caption_attribution_description: English: Recreation of the Department of Finance chart on the distribution of Irish exchequer tax revenues
context_page_description: Taxation in the Republic of Ireland in 2017 came from Personal Income taxes, and Consumption taxes, being VAT and Excise and Customs duties. Corporation taxes represents most of the balance, but Ireland's Corporate Tax System is a central part of Ireland's economic model. Ireland summarises its taxation policy using the OECD's Hierarchy of Taxes pyramid, which emphasises high corporate tax rates as the most harmful types of taxes where economic growth is the objective. The balance of Ireland's taxes are Property taxes and Capital taxes.
  An issue in comparing the Irish tax system to other economies is adjusting for the artificial inflation of Irish GDP by the base erosion and profit shifting tools of U.S. multinationals in Ireland. In 2017, the Central Bank of Ireland replaced Irish GDP with Irish GNI* to remove the distortion; 2017 GDP was 162% of 2017 GNI*. Properly adjusted, Ireland's Total Gross Tax-to-GNI* ratio of 36% is in-line with the EU–28 average, and above the OECD average; Ireland's Exchequer Tax-to-GNI* ratio of 28%, is in line with the EU–28 average, and the OECD average.
context_section_description: Each year, the Department of Finance is required to produce a report on Estimates for Receipts and Expenditure for the coming year.  The table below, is extracted from the "Tax Revenues" section of the report for the prior-year (e.g. the 2017 column is from the 2018 report), by which time the "Tax Revenues" for that year are largely known (although still subject to further revision in later years).
  The "Tax Revenues" quoted are Exchequer Tax Revenues, and do not include Appropriations-in-Aid ("A–in–A") items, the largest being Social Security (or PRSI) which for 2015 was €10.2 billion, and other smaller items.  Irish Personal Income tax, and the two main Irish consumption taxes of VAT and Excise, have consistently been circa 80% of the total Irish Exchequer Tax Revenue, with the balance being Corporate tax.
caption: Distribution of Irish Exchequer Tax Revenues.[3]
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