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We're well down EU's tax league

IRELAND'S share of tax paid by citizens on national income is well below European countries, new research shows.

The Economic and Social Research Institute's (ESRI) Budget Perspectives 2014 report says the share of tax on national income in Ireland is less than in countries such as Germany, Austria and the Scandinavian countries.

RESEARCH

The economic think-tank said that a lot of the gap is due to the fact that they have higher taxes on income, which comes in the form of income tax, employee social insurance contributions or employer contributions. The economic think-tank says that the research takes into account the recent tax increases in Ireland, along with the profits of multinational companies.


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