Latest news with #Revenue
Irish Examiner
4 hours ago
- Business
- Irish Examiner
Cork tops the corporation tax table in Ireland on Apple's windfall payment
Cork now officially pays more corporation tax than any other county, paying more than 50% more than Dublin in corporation tax in 2024, newly released figures from Revenue reveal. The statistics from the tax authority show Cork paid €21.371bn in corporation tax in 2024, compared to €7.56bn paid in 2023, while Dublin paid €14.164bn in corporation tax in 2024, compared to €13.15bn in 2023. It is believed the €13.1bn Apple windfall tax is the key factor pushing Cork's corporation tax take up 177%. Last September, the European Court of Justice ruled Apple had underpaid taxes to the value of €13.1bn which was due to Irish tax authorities between 2003 and 2014. Revenue is precluded by law from discussing the tax affairs of any particular entities, however, a Revenue spokesperson said corporation tax receipts for 2024 'include receipts arising from the Court of Justice of the European Union ruling on State aid in September 2024'. Cork's corporation tax take in 2022 was €8.467bn, falling to €3.695bn in 2021, and €2.76bn in 2020. Galway had the next biggest corporation tax take in 2024 (€405m) followed by Meath (€355m), Limerick (€313m), Clare (€263m), Kildare (€262m), and Mayo (€250m). Kerry paid €99.93m in corporation taxes, with Waterford paying €164m and Tipperary €83m. The entire PAYE and USC tax take from Dublin was €16.22bn, with €2.59bn paid from Cork. In 2024, Dublin paid out €15.033bn, while Cork paid €2.41bn. Westmeath was the third highest payer by county of PAYE and USC in 2024, with €1.447bn paid in PAYE and USC by the Lake County. This is despite the county's relatively small population by comparison. However, the Department of Education and Skills is based in Cornamaddy in Athlone, Co Westmeath, and individual pay packets for Ireland's primary and post-primary teachers would be processed through the county — this adds considerably to the county's PAYE and USC payers. There are almost 80,000 qualified teachers employed through the Department of Education. Galway residents paid €1,227bn in PAYE and USC, Kerry paid out €880m, with Waterford paying €311m, Clare €454.4m, Tipperary €264.8m, and Limerick €897.4m. The lowest by county PAYE and USC return came from Roscommon, which paid €80.26m. The 2022 census measured the entire population of Roscommon at 70,259. Some €768.7m in capital gains tax (CGT) was paid out in Dublin in 2024, with €175.8m paid out in Cork, €100m in Kildare, and €58m in Wicklow. In Kerry, €34.5m was paid out in CGT, with €66m in Galway, €31m in Clare, €41m in Limerick, €57m in Meath and €32m in Tipperary. Just €3.23m in capital gains tax was paid out in Leitrim.
Hans India
6 hours ago
- Politics
- Hans India
Telangana State Formation Day Celebrations in a Grand Way
Wanaparthy District: Telangana State Formation Day Celebrations were held in a grand way at the district IDOC premises on Monday. State Scheduled Castes Cooperative Development Organization Chairman Preetham attended the celebrations as the chief guest. Along with the chief guest, District Collector Adarsh Surabhi, SP Ravula Giridhar, Wanaparthy MLA Thudi Megha Reddy, Additional Collector Revenue G Venkateswarlu, Additional Collector Local Bodies Yadayya, and Wanaparthy Market Chairman Srinivas Goud were present on the stage. The chief guest first paid floral tributes to the Telangana Martyrs' Stupa along with the Collector and MLAs. Later, he received a salute from the police force. The chief guest was given a grand welcome on behalf of the district administration. Later, the national flag was unfurled and the people were greeted. Later, Jaya Jaya Hey Telangana was sung. Later, he spoke and explained the welfare development programs being implemented in the district and the progress achieved. He said that Telangana will guide the country in terms of social justice as well as the welfare of the poor, marginalized and vulnerable sections of the state. He said that the state has completed 11 years today. He said that the state is moving towards development in all sectors. He said that free travel facility for women in RTC buses and free electricity for households have been provided. He said that the Bhu Bharati Act will be implemented and land issues in the state will be identified and resolved quickly. He said that Telangana State has been successful in showcasing it on the world stage and has achieved huge government investments by visiting countries like America, South Korea, Singapore, Davos and Japan. He said that the government has successfully organized the AI Global Summit, BioAsia Conference and Miss World pageants in Hyderabad. On this occasion, under the auspices of the chief guest, the freedom fighters and their family members who fought for the achievement of Telangana Swarastra were honored. On this occasion, the cultural dances performed by children from various schools impressed everyone. On this occasion, the stalls set up by the Police Department, SC Corporation, District Welfare Department, District Rural Development Department, District Medical Department, District Agriculture Department, Municipal Administration and Housing Department in the IDOC premises were visited and inspected by the chief guest, along with the Collector and MLA. District officials of various departments, public representatives, staff, people, students, representatives of print and electronic media and others participated in the program.
New Indian Express
6 hours ago
- New Indian Express
Mini-marathon in Andhra's Guntur to raise awareness on drug abuse
GUNTUR: Guntur District In-charge Collector A Bhargav Tej and Superintendent of Police (SP) Satish Kumar flagged off a mini marathon on Sunday to raise awareness about the harmful effects of drug abuse. The event, held as part of the Nasha Mukt Bharat Abhiyan (Drug-Free India Campaign), saw participants run through Narasampalem and Mudu Bommalu Centre, finishing at Hindu College Circle. The Collector said the Central and State Governments are conducting a series of awareness programmes from June 1 to 26, ahead of the International Day Against Drug Abuse and Illicit Trafficking on June 26. 'Through rallies, marathons, seminars, and competitions, we aim to educate the public, especially the youth, about the risks associated with drug abuse,' he said. He added that departments including Police, Revenue, Excise, Health, and Education are working together to tackle the issue, and de-addiction centres provide treatment to affected individuals. The SP noted that the Nasha Mukt Bharat Abhiyan, launched by the Ministry of Social Justice and Empowerment in 2020, targets drug abuse at the grassroots level. The police, along with the Eagle Task Force, are involved in enforcement and awareness activities. Students and employees were also present.
Hans India
8 hours ago
- Business
- Hans India
‘Smart' slot booking system across all sub-registrar offices from today
Hyderabad: Following successful implementation across 47 sub-registrar offices, the service of slot booking will be extended to all sub-registrar offices from June 2. Revenue Minister Ponguleti Srinivas Reddy announced that a chatbot with AI integration has been made available, which will provide information like registration office location, slot booking vacancies, etc. Revenue Minister Ponguleti Srinivas Reddy reviewed implementation of slot booking with the Stamps & Registration officials on Sunday. He said that the slot booking system, which was implemented to save time for property buyers and sellers and provide better services in a transparent, corruption-free manner, has yielded the desired results and 94 percent of the people have expressed satisfaction. 'We are going to provide easier and more efficient services to the people by using slot booking systems and artificial intelligence (AI) services in all sub-registrar offices in the state,' announced Ponguleti Srinivas Reddy. The slot booking system was piloted in 47 places in two phases and it will be implemented in the remaining 97 sub-registrar offices from June 2. In the first phase, 30,592 documents have been registered in 22 sub-registrar offices since April 10, and in the second phase, 14,099 documents have been registered in 25 sub-registrar offices since May 12, taking the total number of documents to 45,191. He said that three thousand more documents have been registered due to slot booking. The Minister informed that this government takes and implements decisions based on the thoughts, opinions and wishes of the people. The ultimate goal of Congress government is to provide satisfactory services to the people, he affirmed. The Minister said that in addition to the slot booking system in all sub-registrar offices, a chatbot with artificial intelligence (AI) integration – Medha, with WhatsApp number 82476 23578 has been made available. He said that this new process will clear the doubts of those registering and will also provide information like registration office location, details of slot booking vacancies, and time slots. He said that information on all aspects like registration charges on gift deed, sale deed, market prices, etc. can be obtained through this AI chatbot called Medha. To check illegalities, the developer registration module will be introduced soon so that the details of completed and incomplete registrations are available at the registration office and with the builder or developer, so that double registrations are not done in layouts. In this module, the details of the registered plots will be displayed in red color. In view of the slot booking system, additional sub-registrars and staff have been appointed in nine places including Patancheru, Yadagiri Gutta, Gandipet, Ibrahimpatnam, Suryapet, Jadcharla, Mahabubnagar, Vanaparthi and Gadwal, where the workload is high. Ponguleti said that slots can be booked from 10.30 am to 5 pm, excluding lunch time, and 48 slots will be booked in each office per day. He said that for those who have not booked their slots, permission has been given for five walk-in registrations from 5 pm to 5.30 pm in case of any emergency. He advised that prior precautions should be taken to avoid any technical problems in the context of introducing slot booking across the state. It was revealed that Aadhaar e-signature is being introduced as part of further speeding up the registration process along with slot booking. It is being implemented on a trial basis in the Sub-Registrar offices of Armoor in Nizamabad district and Kusumanchi in Khammam district, and will soon be implemented across the state.
Irish Daily Mirror
3 days ago
- Business
- Irish Daily Mirror
Revenue seize tobacco worth almost €170k in two separate Dublin operations
Revenue officers seized tobacco products worth almost €170,000 in two separate operations in Dublin. On Monday, as a result of an intelligence led operation, Revenue officers seized 133,600 cigarettes following a search, under warrant, of a premises in Dublin. The illicit cigarettes of different brands including Septwolves, Diamond and Nanging had a retail value of over €120,000 representing a potential loss to the Exchequer of approximately €95,000. On Friday, as part of an intelligence led operation, Revenue officers seized 50,400 cigarettes and 4.25kgs of tobacco, following a search, under warrant, of a premises in the Dublin 7 area. The seizures were made with the assistance of detector dog Toby and with the support of An Garda Síochána. The illicit cigarettes, branded Benson and Hedges silver, Mayfair, JPS and Yeti, and roll your own tobacco branded Turner had a retail value of more than €49,000, representing a potential loss to the Exchequer of approximately €39,000. Investigations into both seizures are ongoing. These seizures are part of Revenue's ongoing operations targeting the supply and sale of illegal cigarettes and tobacco in the shadow economy. If businesses, or members of the public, have any information regarding smuggling, they can contact Revenue in confidence on 1800 295 295.
