Ireland - Taxes on income, profits and capital gains (% of total taxes)

Taxes on income, profits and capital gains (% of total taxes) in Ireland was 56.39 as of 2019. Its highest value over the past 47 years was 56.39 in 2019, while its lowest value was 35.26 in 1972.

Definition: Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

See also:

Year Value
1972 35.26
1973 36.04
1974 37.42
1975 39.32
1976 39.44
1977 41.43
1978 42.27
1979 44.61
1980 45.40
1981 44.82
1982 43.04
1983 41.51
1984 42.43
1985 43.11
1986 45.85
1987 48.08
1988 48.39
1989 44.68
1990 47.20
1991 49.19
1992 49.83
1993 51.65
1994 51.05
1995 48.45
1996 48.97
1997 49.51
1998 49.36
1999 50.66
2000 50.85
2001 50.86
2002 49.91
2003 50.09
2004 50.03
2005 48.85
2006 49.58
2007 49.62
2008 49.70
2009 51.12
2010 50.92
2011 51.78
2012 52.81
2013 51.80
2014 51.03
2015 53.89
2016 54.20
2017 54.48
2018 56.32
2019 56.39

Limitations and Exceptions: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD). Despite IMF efforts to standardize data collection, statistics are often incomplete, untimely, and not comparable across countries.

Statistical Concept and Methodology: The IMF's Government Finance Statistics Manual 2014, harmonized with the 2008 SNA, recommends an accrual accounting method, focusing on all economic events affecting assets, liabilities, revenues, and expenses, not just those represented by cash transactions. It accounts for all changes in stocks, so stock data at the end of an accounting period equal stock data at the beginning of the period plus flows over the period. The 1986 manual considered only debt stocks. Government finance statistics are reported in local currency. Many countries report government finance data by fiscal year; see country metadata for information on fiscal year end by country.

Periodicity: Annual

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance