IFAC chairman Seamus Coffey said corporate tax could climb above €40 billion by 2030. Photograph: Dara Mac Dónaill / The Irish TimesThe Government is planning to spend almost 90 per cent of the corporation tax revenue it generates over the next five years, a conference heard yesterday. Ifac chairman Seamus Coffey said corporate tax revenue could climb to above €40 billion a year by 2030. “But (Government) surpluses are not projected to increase, so that means corporation tax is being baked into spending,” he said. On the surface, hikes in corporation tax were the most corrosive but there were caveats.

Source: The Irish Times February 19, 2026 23:34 UTC