127. Deputy Ged Nash asked the Minister for Finance the projected yield to the Exchequer of introducing a new windfall profits tax on energy providers if the corporation tax rate on their profits was increased from 12.% to either 25%, 27.5% or 50% respectively; the additional yield if a different approach of a 25% levy on profits was introduced; if any work has been carried out in his Department to evaluate a windfall tax on energy companies; if briefing or discussion papers have been prepared on same; and if he will make a statement on the matter. [38613/22]

Summary

127. Deputy Ged Nash asked the Minister for Finance the projected yield to the Exchequer of introducing a new windfall profits tax on energy providers if the corporation tax rate on their profits was increased from 12.% to either 25%, 27.5% or 50% respectively; the additional yield if a different approach of a 25% levy on profits was introduced; if any work has been carried out in his Department to evaluate a windfall tax on energy companies; if briefing or discussion papers have been prepared on same; and if he will make a statement on the matter. [38613/22]

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