Ireland moves to ban trade with Israeli businesses in occupied Palestinian territories
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Irish Times
17 minutes ago
- Irish Times
Dublin paid half of State's 2024 income tax while Cork delivered most from corporates
Dublin accounted for the more than half the income tax and VAT receipts collected by Government last year while more than half of the State's record corporate tax take emanated from Cork. The Parliamentary Budget Office (PBO) has published a new 'interactive dashboard' that provides a more detailed breakdown – by economic sector and county – of the Irish tax base. It shows that €16.2 billion of PAYE income tax in 2024, out of total of €29.6 billion, was paid by workers in Dublin. Consumers in the capital were also responsible for the lion's share of VAT receipts, paying €11.7 billion out of the €20.5 billion total collected from the sales tax. READ MORE Cork, however, was responsible for €21.4 billion of the State's record €39 billion corporate tax haul last year. The €39 billion included €11 billion of the Apple tax money, covering most of the money owed as a result of a high-profile European court ruling last September, plus Apple's annual corporate tax liability for 2024. The iPhone maker Cork's campus serves as its European headquarters and employs over 6,000 people. The company is the biggest payer of corporate tax in the Republic. Dublin was responsible for €14.1 billion of corporate tax in 2024, meaning Dublin and Cork combined made up €35.5 of the €39 billion total in business tax receipts collected last year. The next biggest county was Galway with €405 million. On a sector-by-sector basis, the PBO's dashboard shows the wholesale and retail trade sector accounted for the biggest lump of corporate tax receipts at €16.2 billion followed by manufacturing (€9.5 billion); information and communication (€6.2 billion); and financial and insurance activities (€4 billion). While much has been made of the State's lopsided corporate tax base, with just 10 firms providing more than half the receipts, the PBO's data show the same multinational-dominated sectors (wholesale and retail, manufacturing, information and communication and financial and insurance activities) accounted for €13.5 billion of the €29.6 billion paid in PAYE income tax last year. The purpose of the dashboard 'is to present net tax receipts data published by Revenue Commissioners in a visual and interactive manner,' the PBO said. 'In doing so, it aims to enhance members' and committees' understanding of tax revenues which are used to fund public services,' it said. A previous report by the PBO, which acts as the parliament's budgetary oversight body, showed the top 8 per cent of earners in Ireland account for more than 54 per cent of the income tax paid to the State.
The Journal
28 minutes ago
- The Journal
Trinity College announces divestment from Israeli organisations and universities
TRINITY COLLEGE DUBLIN has announced its decision to divest from Israeli organisations and academic institutions. It follows a vote by the university's board to heed the recommendations of a special taskforce that looked at TCD's ties to Israel amid its ongoing siege of Gaza. Last May, a five-day camp-out by students on campus prompted the university to divest from companies that were operating in Occupied Palestine and were on the United Nations' blacklist. Today's decision takes divestment a step further. While ongoing research contracts will be honoured, TCD said there is 'no evidence to associate any of these with breaches of international humanitarian law or human rights violations' and that the taskforce accepted that it 'cannot readily extract itself from these agreements'. Still, TCD will not enter into any new European research consortia that involve Israel. It will also actively lobby the EU Commission to exclude Israel from such collaborations. There are currently two Erasmus+ exchange agreements between TCD and Israeli universities. In an email to staff and students, TCD said that participation in these programmes has been 'on an inbound basis only' since September 2023 and that no new agreements will be made after these end. TCD doesn't currently have any contracts with Israeli suppliers. As recommended by the taskforce, it will stay that way. Advertisement David Landy, a sociology professor at TCD and member of Academics for Palestine, said it's a significant decision, but not one made in isolation. In recent months, a number of European universities, including Utrecht and Barcelona, have made no bones about distancing themselves from Israel, citing discontent with its actions in Gaza. Last year saw a wave of pro-Palestine student protests sweep across the continent, involving several encampments that were hard for institutions to ignore. 'This is a significant day for Trinity and for Irish-Palestinian solidarity, and reflects the resolve of student and staff campaigners,' said Landy. 'However, it is difficult to feel glad when Israel's genocide in Palestine continues. 'Trinity's delay in acting has led to the university entering into three new research projects with Israeli partners over the past year, some of which will continue until 2029.' TCD Students' Union President Jenny Maguire said she was dissapointed that TCD had not withdrawn from ongoing projects involving Israeli partners who provide military technology and training. The university 'had to be forced by student direct action to acknowledge Israel's genocide' and 'had taken over a year more to act,' she said. Readers like you are keeping these stories free for everyone... A mix of advertising and supporting contributions helps keep paywalls away from valuable information like this article. Over 5,000 readers like you have already stepped up and support us with a monthly payment or a once-off donation. Learn More Support The Journal
The Journal
28 minutes ago
- The Journal
'Likely Scam': New registry to help identify scam text messages launches
A NEW INITIATIVE to help identify scam text messages has been launched today by the Commission for Communications Regulation (ComReg). A registry has been established for organisations who send text messages to their customers, such as banks, delivery services, insurance providers, to register their sender IDs. Application-to-Person messages often contain a Sender ID to indicate where the text message originated (for example, eFlow). Many scam messages will also have a Sender ID that imitates a legitimate service to attempt to appear trustworthy to the recipient. A scam text purporting to be from eFlow. The Journal The Journal The registry launched today would mean that SMS providers can check the Sender ID against the registered Sender ID to identify scam. Messages that do not match will arrive in a consumer's inbox labelled 'Likely Scam' from 3 July to alert the consumer that it may not be legitimate. From 3 October, SMS messages from unregistered SMS Sender IDs will be blocked. Advertisement ComReg is asking all organisations using SMS Sender IDs in their SMS communications with customers, clients and service users to register their Sender ID now. Over 7,000 SMS Sender IDs have already been pre-registered by SMS providers managing A2P SMS traffic on behalf of organisations. A scam text. The Journal The Journal 'If an SMS Sender ID has not been pre-registered, it is crucial that it is registered now,' a statement from ComReg said. 'Organisations may register their own SMS Sender ID or their SMS provider may register the SMS Sender ID on their behalf. 'SMS Sender ID registrations will be on a first come, first served basis. Organisations can register SMS Sender IDs and check if their SMS Sender ID has been pre-registered.' ComReg's chairperson Garrett Blaney said that the registry is just one of several interventions introduced by the commission to mitigate scam calls and texts. 'Europe Economics estimate the annual level of harm to Irish consumers and businesses from scam calls and texts at over €300 million, of which approximately €115 million is attributed to scam texts,' he said. Readers like you are keeping these stories free for everyone... A mix of advertising and supporting contributions helps keep paywalls away from valuable information like this article. Over 5,000 readers like you have already stepped up and support us with a monthly payment or a once-off donation. Learn More Support The Journal
