In 2013 15 of the super wealthy in Ireland paid a total of only €1.8m tax


Rich people in Ireland as elsewhere are good at not paying taxes. When you give them a chance to prove you wrong we get figures that show that in 2013 just 15 of the super wealthy paid a total of €1.8m.

Who are these rich people and how do they do it? By rich we mean that you have an income of more than €1 million rolling into you from around the world, and that you have assets of more than €5 million here. That is some wealth right there. How they manage it is that whilst they might live here they register to pay tax in a low-tax haven like Malta or Monaco.

The amount that these wealthy individuals are expected to pay in tax is set at €200,000. So if you paid €80,000 in income tax in Ireland you are only expected to make up the short fall of €120,000. It appears that the 15 people who did pay this tax in 2013 averaged a payment of €120,000 which sounds like leaving a few coppers in the jar.

We think the names of these generous souls should be released by revenue so that we can drop them line thanking them for their contributions.

Like what you're reading?
Find out when we publish more via the
WSM Facebook
& WSM Twitter