Dáil Question on the value of income tax paid by multinational employees

-   Alan Farrell TD

To ask the Minister for Finance the annual value of income tax paid by employees of multinational companies that have invested here; and if he will make a statement on the matter.

Reply from Minister for Finance Michael Noonan T.D.
 
I am informed by the Revenue Commissioners that statistics on the amount of income tax, including Universal Social Charge (USC) paid by the employees of multinational companies that have invested in Ireland are not separately available.
 
However, the amount of income tax, including USC, paid in 2012 by the 50 companies, managed in Revenue’s Large Cases Division, which manages the tax affairs of most multinational companies that have invested in Ireland and that deducted the largest amounts of income tax, including USC, from the wages and salaries of their employees, and which appear to be multinational companies, was €1.1 billion.  

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