Key Points
We examine how US multinationals have adapted to changes in international corporate taxation in recent years. Our analysis centers on US multinationals with operations in Ireland, a country that has played a significant role in international corporate tax planning. We investigate the interplay between the phaseout of the “Double Irish” between 2015 and 2020 and modifications to international corporate taxation introduced by the TCJA.
Between 2021 and 2023, 31% of the gap between the US statutory tax rate and the effective tax rate for large, publicly traded US multinationals with Irish affiliates can be attributed to a tax incentive for US-domiciled IP, the Foreign Deemed Intangible Income (FDII) deduction, according to firms’ financial statement disclosures. The importance of FDII has been growing — this figure rises to 42% if we only consider data from 2023.
The tech sector has reported much larger FDII deductions than the pharmaceutical sector. In our sample, 38% of the statutory-effective tax gap is explained by FDII deductions in the tech sector, compared to only 12% for the pharmaceutical sector between 2021 and 2023. In contrast, 78% of the statutory-effective tax gap for pharmaceutical firms is explained by low effective tax rates on foreign income, compared to 44% for the tech sector during the same period. This may be driven by differences in tangible capital intensity across sectors in accordance with PWBM’s 2021 analysis of GILTI and FDII.
The End of the Double Irish: Implications for US Multinationals and Global Tax Competition
Prior to the Tax Cuts and Jobs Act (TCJA) of 2017, the US imposed a corporate income tax on foreign earnings of multinational firms at the same rate as domestic earnings.1 US multinationals had two options to avoid this tax: (i) they could claim a foreign tax credit for taxes paid to other countries or (ii) they could defer US taxation by holding earnings in a foreign affiliate instead of repatriating them to the United States.
Historically, Ireland served a major role in tax planning strategies of US multinational firms who aimed to defer US taxation of foreign income. Irish tax law has provided favorable tax treatment to corporations through a combination of attractive bilateral tax treaties and a relatively low corporate tax rate, which was lowered to 12.5% in 2003.2 As shown in Figure 1, a growing share of US multinationals have reported at least two Irish affiliates in their financial statements since 1996.3 Larger multinationals are more likely to report having Irish affiliates — by 2020, we find that over 60% of multinational assets and pretax income are generated by firms that have disclosed the existence of at least two Irish affiliates.
Source: PWBM based on annual Form 10-K filings from Compustat via WRDS.
After Ireland’s statutory tax rate was lowered to 12.5% in 2003, the aggregate foreign effective tax rate (ETR) of US multinationals with Irish affiliates diverged from the aggregate foreign ETR of other US multinationals. In contrast, the domestic tax rate of the two groups continued to closely track one another. Domestic income of the two groups has been taxed at a similar effective rate over the same period.
Source: PWBM based on annual Form 10-K filings from Compustat via WRDS.
Note: We exclude years 2017 and 2018 from the domestic tax rate comparison to avoid distortions from the TCJA transition period.
In addition to its bilateral tax treaties and low corporate tax rate, Ireland historically allowed US multinationals to create hybrid entities that could be used to route foreign earnings to low-tax jurisdictions such as Bermuda. One type of tax planning strategy that became popular was the “Double Irish,” which used a combination of two Irish hybrid affiliates to shift profits while incurring minimal tax liability.4
In 2015, under pressure from the international community, Ireland instituted major policy reforms that restricted the creation of new Double Irish entities and started a five-year transition that eliminated tax benefits for existing Double Irish entities by 2020. At the same time, it passed a set of tax incentives to prevent capital flight that rewarded multinationals who transferred IP to the country. This transition period coincided with the passage of the Tax Cuts and Jobs Act (TCJA) of 2017, which effectively ended the worldwide system of corporate taxation, replacing it with immediate taxation of a portion of foreign income at a significantly lower rate.
The following timeline summarizes the key events and policies that shaped the role of Ireland in international corporate taxation between the mid-1990s and 2020.
| Year(s) | Event |
|---|---|
| 1996-2003 | Ireland lowers its corporate tax rate to 12.5% |
| 1997 | Treasury releases modified regulations that facilitate profit-shifting by US multinationals |
| 1995-2015 | Widespread adoption of Irish tax planning structures by US multinationals |
| 2015 | Ireland begins to phase out the Double Irish and creates new tax incentives for IP |
| 2017 | United States passes the Tax Cuts and Jobs Act (TCJA) lowering rates and ending deferral of US tax on foreign income |
| 2020 | Double Irish fully phased out |
Although US multinationals with operations in Ireland have continued to benefit from lower foreign effective tax rates, there have been significant shifts in their behavior since the Double Irish started to phase out in 2015.
Irish balance of payments data shown in Figure 3 demonstrates a large increase in the current account surplus beginning in 2015 but no corresponding increase in Irish exports from customs data.5 Notably, no such discrepancy exists for imports. This discrepancy likely does not reflect economic shifts in Irish exports, but rather a change in where foreign earnings accrue. To retain foreign investment after the end of the Double Irish, Ireland passed a set of tax incentives meant to attract IP of multinational firms. Figure 4 suggests that this strategy was largely successful—after 2015, Irish balance of payments data revealed a surge in R&D services imports, likely caused by IP transfers to the country, which generated large increases in foreign earnings reflected in the current account.
Source: PWBM based on Ireland’s Central Statistics Office (CSO). Analysis builds on work originally conducted by Cole Frank.
Note: Balance of Payments (BoP) merchandise trade data are from CSO’s BPM6 series. Customs imports and exports data are from CSO’s TSM01 series.
Source: PWBM based on Ireland’s Central Statistics Office (CSO). Analysis builds on work originally conducted by Cole Frank.
Note: Data from CSO’s BPQ19 series.
Transfers of IP to Ireland have given way to remarkable growth in Irish corporate tax revenue. In 2023, Irish corporate tax receipts amounted to approximately 6% of US receipts, despite Ireland having a population of only 5 million people—less than 2% of the US population.6 This disparity is even more striking considering Ireland’s statutory corporate tax rate of 12.5%, which is significantly lower than the US rate of 21%. Moreover, the effective tax rate in Ireland is likely even lower than the statutory rate due to various tax incentives and exemptions.
Evidence suggests that shifts in Irish trade data and the windfall corporate tax revenue are primarily driven by US multinationals. Figure 5 shows that the growth in Irish corporate tax receipts has mainly come from foreign-owned corporate entities, with about half coming from the top 10 corporate taxpayers. Out of the top 10 Irish firms by revenue in 2023, only two were founded in Ireland—three were previously headquartered in the US and inverted their corporate residence to Ireland prior to TCJA. The remaining five are foreign affiliates of US-domiciled companies.7
Despite the impending rollout of Pillar Two, which Ireland has pledged to implement, Ireland forecasts that corporate tax receipts will continue to grow.
Source: PWBM based on data from Ireland’s Department of Finance. This analysis builds on work by Sullivan.
Source: PWBM based on data from Ireland Department of Finance and Thomas Hubert via The Currency.
The phaseout of the Double Irish coincided with the implementation of TCJA in the United States, which introduced major reforms to US taxation of foreign income. While TCJA eliminated deferral of US taxation of foreign income, it also introduced lower rates on foreign income via: (i) the FDII deduction, which reduced rates on foreign-source income earned directly by US parents (ii) GILTI, a minimum tax on income earned foreign affiliates.8 GILTI and FDII served to roughly equalize tax rates on income generated by highly mobile intangible assets, reducing incentives for US firms to transfer IP to low-tax foreign jurisdictions.
TCJA had little noticeable impact on Irish trade statistics immediately after its enactment. After the full phaseout of the Double Irish in 2020, however, this data began to reflect major restructuring of US multinational activity. Royalty payments from Ireland to the United States, shown in Figure 7, grew from a negligible amount to over €114 billion in 2024, likely reflecting a significant degree of reshored IP.
Source: PWBM based on data from Eurostat. Analysis builds on work by Coffey (2021).
Note: “Offshore financial centers” is a grouping of 40 countries and includes all the major tax havens except Ireland, the Netherlands, and Switzerland.
To further examine this shift, we collected data from publicly traded firms’ effective tax rate reconciliation footnotes. This data provides information about the discrepancy between the statutory corporate income tax rate and the effective tax rate from firms’ financial statements. Figure 8 compares the US statutory rate and the aggregate effective tax rate for 30 large US multinational firms that have been linked to Ireland in press reports.9 Prior to TCJA, the aggregate effective tax rate of these firms ranged between 10 and 17 percentage points below the statutory rate depending on the year. TCJA lowered the statutory rate, which also reduced the aggregate effective rate for these firms, although the gap narrowed considerably.
Figure 9 examines how the aggregate gap, in dollar terms, has evolved over the same period. The ETR reconciliation data allows us to decompose this gap into different components. This analysis shows that prior to TCJA, the gap between the statutory and effective tax rate for these firms was primarily driven by low tax rates on foreign income. Although the foreign tax differential has continued to form a significant portion of the gap since TCJA, FDII has grown to form a roughly equal share of the discrepancy between statutory and effective rates. Between 2021 and 2023, for example, FDII deductions accounted for 31% of the gap. This figure rises to 42% if we only consider data from 2023.
A key question is whether the increased repatriation of earnings to the United States has generated more domestic tax revenue. Figure 10 shows that domestic income shares have grown for all types of US multinationals, with larger relative growth for US multinationals with Irish affiliates. At the same time, domestic tax shares have fallen especially for US multinationals with Irish affiliates, indicating that the growth in repatriated earnings has not led to a commensurate increase in domestic tax revenue.
Source: PWBM based on data from 10-K filings accessed via SEC’s EDGAR database.
Note: We exclude years 2017 and 2018 to avoid distortions from the TCJA transition period.
Source: PWBM based on data from 10-K filings accessed via SEC’s EDGAR database.
Note: We exclude years 2017 and 2018 to avoid distortions from the TCJA transition period.
Source: PWBM based on annual Form 10-K filings from Compustat via WRDS.
Note: We exclude years 2017 and 2018 to avoid distortions from the TCJA transition period.
A closer look at firm-level data shows that there is significant heterogeneity in the response to the changes in international tax policy in Ireland and the United States. The dominant US multinationals operating in Ireland predominantly come from the tech and pharmaceutical industries. Pharmaceutical firms with Irish affiliates have historically reported a larger share of their total earnings abroad when compared to tech firms as shown in Figure 11, even though the allocation of domestic and foreign sales is similar for both industries. This discrepancy has only become more pronounced since TCJA, with pharmaceutical firms reporting around 90% of their total earnings abroad in recent years. Tech firms, on the other hand, have seen their share of foreign earnings decrease to the point where they now report similar income and sales shares abroad.
This discrepancy has been mirrored by sectoral differences in the effective tax rate differential reported on firms’ financial statements. As shown in Figure 12, tech firms have claimed much larger FDII deductions, as a share of their statutory tax burden, when compared to pharmaceutical firms. Within industries, however, there is significant variation in the types of deductions claimed. Some tech firms, such as Apple and Microsoft, have not reported significant FDII deductions, indicating that they likely benefit more from keeping their IP abroad. In terms of the statutory-effective tax gap, tech firms report FDII deductions that account for 38% of the gap between 2021 and 2023, compared to only 12% for pharmaceutical firms. In contrast, pharmaceutical firms report a much larger share of their statutory-effective tax gap as a result of low effective tax rates on foreign income, at 78%, compared to 44% for tech firms.
Although financial statement data reveal sectoral differences in the FDII deduction, there is a relative lack of reporting of GILTI in this data. Although the effect of GILTI may be implicit in the foreign tax differential, Figure 13 uses tax data to compare deductions in the Manufacturing and Information sectors. Although this analysis focuses on aggregate foreign activity (instead of multinationals with Irish activity), it shows that the tech sector is also much more reliant on FDII relative to GILTI, with FDII income representing about half of total FDII and GILTI inclusions in 2021. One potential explanation for this divergence is that manufacturing firms, which includes pharmaceutical manufacturers, have foreign operations that are relatively more capital intensive and therefore more likely to benefit from GILTI’s tangible asset exemption.
Source: PWBM based on annual Form 10-K filings from Compustat via WRDS.
Note: Shares are computed as a fraction of combined domestic and foreign aggregates.
Source: PWBM based on data from 10-K filings accessed via SEC’s EDGAR database.
Source: PWBM based on data from IRS Statistics of Income data for the 2021 tax year.
This analysis was produced by Lysle Boller, Lorraine Luo, and Xiaoyue Sun under the direction of Alex Arnon and the faculty director, Kent Smetters. Mariko Paulson prepared the brief for the website.
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This tax system is typically referred to as a “worldwide” system, as opposed to a “territorial” system, which only taxes income earned within the country’s borders. ↩
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US multinationals’ use of Ireland in tax planning predates the 2003 policy reform. Apple famously started using a Double Irish structure in the late 1980s. ↩
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Throughout this brief we refer to “US multinationals with Irish affiliates” as shorthand for this proxy that we have constructed to flag potential users of the Double Irish. This sample comprises all publicly-traded, US-incorporated multinational firms in the Compustat annual 10-K database between 1994 and 2023 that have disclosed foreign affiliates in locations consistent with public information about Double Irish structures.
To construct this proxy, we first construct an identifier for multinational firms. A firm is classified as a multinational corporation (MNC) if, in any firm-year, it satisfies at least one of the following criteria: (1) it reports non-missing and non-zero pretax foreign income (Compustat field pifo), (2) it reports non-missing and non-zero foreign sales according to Compustat segments data (Compustat field geotp is equal to 3), or (3) it reports non-missing and non-zero foreign tax expense (Compustat field pifo).
After establishing the MNC sample, potential Double Irish users are identified by examining the geographic locations of subsidiaries reported in Exhibit 21 of Form 10-K filings. This data is compiled by Wharton Research Data Services (WRDS) and covers SEC filings from 1995 to 2019. Firms are classified as potential Double Irish users if they have at least two Irish subsidiaries for any year of the sample period.
This sample also excludes firms classified as belonging to the oil and gas extraction industry, which are known to distort the aggregate distribution of taxes due to a lack of clarity over what constitutes foreign income taxes for concessions. ↩
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A variant of the Double Irish that used an intermediate Dutch affiliate to avoid withholding taxes became known as the “Dutch Sandwich.” ↩
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This trade discrepancy as well as other shifts in Irish balance of payments data has been highlighted by Cole Frank. ↩
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The US collected about $420 billion in corporate income tax revenue in 2023 and about €23.8 billion. ↩
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US firms listed in the top 10 include Apple, Google, Meta, Pfizer, and Dell. ↩
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FDII stands for Foreign-Derived Intangible Income and GILTI stands for Global Intangible Low-Taxed Income. For a summary of these provisions, see PWBM’s 2021 analysis. ↩
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The company sample includes firms identified by PWBM through a search for popular press mentions, including sources such as The New York Times, The Irish Times, The Wall Street Journal, Bloomberg, The Currency, and Barron’s, as users of the “Double Irish” structure. Additional firms are referenced in Brad Setser’s 2023 testimony to the U.S. Senate Finance Committee on international tax policy and Harris and O’Brien (2018). ↩
Year Metric Value 1996 # Firms 0.032563382 1996 Assets 0.148566888 1996 Income Tax Expense 0.196122721 1996 Pretax Income 0.207121902 1997 # Firms 0.045632046 1997 Assets 0.233162305 1997 Income Tax Expense 0.265783639 1997 Pretax Income 0.273420082 1998 # Firms 0.057453877 1998 Assets 0.310281698 1998 Income Tax Expense 0.31180415 1998 Pretax Income 0.325114804 1999 # Firms 0.06866473 1999 Assets 0.361431213 1999 Income Tax Expense 0.354899323 1999 Pretax Income 0.372357793 2000 # Firms 0.081364216 2000 Assets 0.394482448 2000 Income Tax Expense 0.387592476 2000 Pretax Income 0.420932232 2001 # Firms 0.0940343 2001 Assets 0.414094273 2001 Income Tax Expense 0.40739028 2001 Pretax Income 0.550154452 2002 # Firms 0.107106395 2002 Assets 0.443733286 2002 Income Tax Expense 0.443098324 2002 Pretax Income 0.579567711 2003 # Firms 0.116758358 2003 Assets 0.471709304 2003 Income Tax Expense 0.472670249 2003 Pretax Income 0.604023889 2004 # Firms 0.125310921 2004 Assets 0.503436954 2004 Income Tax Expense 0.497604855 2004 Pretax Income 0.509279444 2005 # Firms 0.132110525 2005 Assets 0.541352345 2005 Income Tax Expense 0.508255151 2005 Pretax Income 0.521773783 2006 # Firms 0.13967178 2006 Assets 0.586887212 2006 Income Tax Expense 0.51277341 2006 Pretax Income 0.508200818 2007 # Firms 0.149774497 2007 Assets 0.628674111 2007 Income Tax Expense 0.5337109 2007 Pretax Income 0.513814191 2008 # Firms 0.160633014 2008 Assets 0.660867195 2008 Income Tax Expense 0.504531825 2008 Pretax Income 0.466926831 2009 # Firms 0.170166222 2009 Assets 0.68680077 2009 Income Tax Expense 0.491199251 2009 Pretax Income 0.50292858 2010 # Firms 0.176423983 2010 Assets 0.700106989 2010 Income Tax Expense 0.495446468 2010 Pretax Income 0.526185298 2011 # Firms 0.181414754 2011 Assets 0.701331531 2011 Income Tax Expense 0.521070945 2011 Pretax Income 0.586756584 2012 # Firms 0.186736989 2012 Assets 0.698067935 2012 Income Tax Expense 0.534017116 2012 Pretax Income 0.578579629 2013 # Firms 0.191520118 2013 Assets 0.69540871 2013 Income Tax Expense 0.535490215 2013 Pretax Income 0.589819622 2014 # Firms 0.197125198 2014 Assets 0.693628819 2014 Income Tax Expense 0.559326979 2014 Pretax Income 0.608278558 2015 # Firms 0.20464631 2015 Assets 0.692502192 2015 Income Tax Expense 0.59747016 2015 Pretax Income 0.639325369 2016 # Firms 0.213810236 2016 Assets 0.690592972 2016 Income Tax Expense 0.609641215 2016 Pretax Income 0.660048838 2017 # Firms 0.222395886 2017 Assets 0.689313923 2017 Income Tax Expense 0.691555389 2017 Pretax Income 0.672583361 2018 # Firms 0.229559771 2018 Assets 0.689314851 2018 Income Tax Expense 0.696105024 2018 Pretax Income 0.669723292 2019 # Firms 0.232140322 2019 Assets 0.693222744 2019 Income Tax Expense 0.702103694 2019 Pretax Income 0.679973874 2020 # Firms 0.235037224 2020 Assets 0.700772379 2020 Income Tax Expense 0.642622962 2020 Pretax Income 0.706297903 2021 # Firms 0.23950948 2021 Assets 0.708350893 2021 Income Tax Expense 0.648364659 2021 Pretax Income 0.723176143 2022 # Firms 0.248399176 2022 Assets 0.716990192 2022 Income Tax Expense 0.644848639 2022 Pretax Income 0.721000736
Year AggregateTaxRate DI_User TaxCategory 1994 0.295461311 Multinationals with Irish Affiliates Foreign Tax Rate 1994 0.312700188 Multinationals with Irish Affiliates Domestic Tax Rate 1994 0.304790155 Other US Multinationals Foreign Tax Rate 1994 0.2833389 Other US Multinationals Domestic Tax Rate 1995 0.299833241 Multinationals with Irish Affiliates Foreign Tax Rate 1995 0.294491697 Multinationals with Irish Affiliates Domestic Tax Rate 1995 0.294090426 Other US Multinationals Foreign Tax Rate 1995 0.307783137 Other US Multinationals Domestic Tax Rate 1996 0.328534741 Multinationals with Irish Affiliates Foreign Tax Rate 1996 0.305126606 Multinationals with Irish Affiliates Domestic Tax Rate 1996 0.342041491 Other US Multinationals Foreign Tax Rate 1996 0.297635801 Other US Multinationals Domestic Tax Rate 1997 0.329449938 Multinationals with Irish Affiliates Foreign Tax Rate 1997 0.326700248 Multinationals with Irish Affiliates Domestic Tax Rate 1997 0.345116396 Other US Multinationals Foreign Tax Rate 1997 0.306877502 Other US Multinationals Domestic Tax Rate 1998 0.348390818 Multinationals with Irish Affiliates Foreign Tax Rate 1998 0.32931959 Multinationals with Irish Affiliates Domestic Tax Rate 1998 0.323175946 Other US Multinationals Foreign Tax Rate 1998 0.27776365 Other US Multinationals Domestic Tax Rate 1999 0.317709205 Multinationals with Irish Affiliates Foreign Tax Rate 1999 0.296880104 Multinationals with Irish Affiliates Domestic Tax Rate 1999 0.290459501 Other US Multinationals Foreign Tax Rate 1999 0.271357193 Other US Multinationals Domestic Tax Rate 2000 0.283758258 Multinationals with Irish Affiliates Foreign Tax Rate 2000 0.325459379 Multinationals with Irish Affiliates Domestic Tax Rate 2000 0.344403611 Other US Multinationals Foreign Tax Rate 2000 0.306703447 Other US Multinationals Domestic Tax Rate 2001 0.281426042 Multinationals with Irish Affiliates Foreign Tax Rate 2001 0.291736273 Multinationals with Irish Affiliates Domestic Tax Rate 2001 0.404966587 Other US Multinationals Foreign Tax Rate 2001 0.306522662 Other US Multinationals Domestic Tax Rate 2002 0.265933348 Multinationals with Irish Affiliates Foreign Tax Rate 2002 0.258269203 Multinationals with Irish Affiliates Domestic Tax Rate 2002 0.266203122 Other US Multinationals Foreign Tax Rate 2002 0.283560499 Other US Multinationals Domestic Tax Rate 2003 0.243997528 Multinationals with Irish Affiliates Foreign Tax Rate 2003 0.264345312 Multinationals with Irish Affiliates Domestic Tax Rate 2003 0.232809335 Other US Multinationals Foreign Tax Rate 2003 0.286054055 Other US Multinationals Domestic Tax Rate 2004 0.261226765 Multinationals with Irish Affiliates Foreign Tax Rate 2004 0.297305237 Multinationals with Irish Affiliates Domestic Tax Rate 2004 0.292026086 Other US Multinationals Foreign Tax Rate 2004 0.276883041 Other US Multinationals Domestic Tax Rate 2005 0.27710175 Multinationals with Irish Affiliates Foreign Tax Rate 2005 0.314788188 Multinationals with Irish Affiliates Domestic Tax Rate 2005 0.313171315 Other US Multinationals Foreign Tax Rate 2005 0.30349282 Other US Multinationals Domestic Tax Rate 2006 0.256717055 Multinationals with Irish Affiliates Foreign Tax Rate 2006 0.311613842 Multinationals with Irish Affiliates Domestic Tax Rate 2006 0.32233328 Other US Multinationals Foreign Tax Rate 2006 0.286765253 Other US Multinationals Domestic Tax Rate 2007 0.257361734 Multinationals with Irish Affiliates Foreign Tax Rate 2007 0.33763528 Multinationals with Irish Affiliates Domestic Tax Rate 2007 0.32174667 Other US Multinationals Foreign Tax Rate 2007 0.297916769 Other US Multinationals Domestic Tax Rate 2008 0.255149049 Multinationals with Irish Affiliates Foreign Tax Rate 2008 0.321772489 Multinationals with Irish Affiliates Domestic Tax Rate 2008 0.335553391 Other US Multinationals Foreign Tax Rate 2008 0.285917354 Other US Multinationals Domestic Tax Rate 2009 0.212720938 Multinationals with Irish Affiliates Foreign Tax Rate 2009 0.195796582 Multinationals with Irish Affiliates Domestic Tax Rate 2009 0.30422442 Other US Multinationals Foreign Tax Rate 2009 0.226972152 Other US Multinationals Domestic Tax Rate 2010 0.231969209 Multinationals with Irish Affiliates Foreign Tax Rate 2010 0.255364805 Multinationals with Irish Affiliates Domestic Tax Rate 2010 0.29453205 Other US Multinationals Foreign Tax Rate 2010 0.223160381 Other US Multinationals Domestic Tax Rate 2011 0.234901269 Multinationals with Irish Affiliates Foreign Tax Rate 2011 0.252248993 Multinationals with Irish Affiliates Domestic Tax Rate 2011 0.313197419 Other US Multinationals Foreign Tax Rate 2011 0.234143049 Other US Multinationals Domestic Tax Rate 2012 0.205450426 Multinationals with Irish Affiliates Foreign Tax Rate 2012 0.318899968 Multinationals with Irish Affiliates Domestic Tax Rate 2012 0.302883682 Other US Multinationals Foreign Tax Rate 2012 0.268792981 Other US Multinationals Domestic Tax Rate 2013 0.228583325 Multinationals with Irish Affiliates Foreign Tax Rate 2013 0.262808361 Multinationals with Irish Affiliates Domestic Tax Rate 2013 0.290538549 Other US Multinationals Foreign Tax Rate 2013 0.23909006 Other US Multinationals Domestic Tax Rate 2014 0.197506322 Multinationals with Irish Affiliates Foreign Tax Rate 2014 0.318461933 Multinationals with Irish Affiliates Domestic Tax Rate 2014 0.271046886 Other US Multinationals Foreign Tax Rate 2014 0.290091872 Other US Multinationals Domestic Tax Rate 2015 0.170883129 Multinationals with Irish Affiliates Foreign Tax Rate 2015 0.32884554 Multinationals with Irish Affiliates Domestic Tax Rate 2015 0.241846206 Other US Multinationals Foreign Tax Rate 2015 0.293251446 Other US Multinationals Domestic Tax Rate 2016 0.167344303 Multinationals with Irish Affiliates Foreign Tax Rate 2016 0.271279422 Multinationals with Irish Affiliates Domestic Tax Rate 2016 0.241975524 Other US Multinationals Foreign Tax Rate 2016 0.271248568 Other US Multinationals Domestic Tax Rate 2017 0.16379578 Multinationals with Irish Affiliates Foreign Tax Rate 2017 Multinationals with Irish Affiliates Domestic Tax Rate 2017 0.227831183 Other US Multinationals Foreign Tax Rate 2017 Other US Multinationals Domestic Tax Rate 2018 0.184480803 Multinationals with Irish Affiliates Foreign Tax Rate 2018 Multinationals with Irish Affiliates Domestic Tax Rate 2018 0.245384224 Other US Multinationals Foreign Tax Rate 2018 Other US Multinationals Domestic Tax Rate 2019 0.194995928 Multinationals with Irish Affiliates Foreign Tax Rate 2019 0.206875799 Multinationals with Irish Affiliates Domestic Tax Rate 2019 0.229228776 Other US Multinationals Foreign Tax Rate 2019 0.149304695 Other US Multinationals Domestic Tax Rate 2020 0.170988463 Multinationals with Irish Affiliates Foreign Tax Rate 2020 0.168935534 Multinationals with Irish Affiliates Domestic Tax Rate 2020 0.249201204 Other US Multinationals Foreign Tax Rate 2020 0.189004125 Other US Multinationals Domestic Tax Rate 2021 0.183944332 Multinationals with Irish Affiliates Foreign Tax Rate 2021 0.161836004 Multinationals with Irish Affiliates Domestic Tax Rate 2021 0.259636895 Other US Multinationals Foreign Tax Rate 2021 0.164170679 Other US Multinationals Domestic Tax Rate 2022 0.19606455 Multinationals with Irish Affiliates Foreign Tax Rate 2022 0.235001031 Multinationals with Irish Affiliates Domestic Tax Rate 2022 0.279531883 Other US Multinationals Foreign Tax Rate 2022 0.182937536 Other US Multinationals Domestic Tax Rate 2023 0.159201336 Multinationals with Irish Affiliates Foreign Tax Rate 2023 0.272547051 Multinationals with Irish Affiliates Domestic Tax Rate 2023 0.260417439 Other US Multinationals Foreign Tax Rate 2023 0.237892929 Other US Multinationals Domestic Tax Rate
Quarter TradeType VALUE 2012Q1 BoP Exports 25.404 2012Q2 BoP Exports 25.605 2012Q3 BoP Exports 25.262 2012Q4 BoP Exports 25.598 2013Q1 BoP Exports 24.137 2013Q2 BoP Exports 25.811 2013Q3 BoP Exports 25.116 2013Q4 BoP Exports 23.668 2014Q1 BoP Exports 26.187 2014Q2 BoP Exports 28.902 2014Q3 BoP Exports 29.272 2014Q4 BoP Exports 30.1 2015Q1 BoP Exports 47.465 2015Q2 BoP Exports 48.15 2015Q3 BoP Exports 50.89 2015Q4 BoP Exports 53.822 2016Q1 BoP Exports 48.572 2016Q2 BoP Exports 47.648 2016Q3 BoP Exports 46.899 2016Q4 BoP Exports 50.118 2017Q1 BoP Exports 47.682 2017Q2 BoP Exports 47.105 2017Q3 BoP Exports 48.759 2017Q4 BoP Exports 53.404 2018Q1 BoP Exports 50.174 2018Q2 BoP Exports 52.381 2018Q3 BoP Exports 52.501 2018Q4 BoP Exports 55.85 2019Q1 BoP Exports 56.381 2019Q2 BoP Exports 53.154 2019Q3 BoP Exports 56.947 2019Q4 BoP Exports 58.611 2020Q1 BoP Exports 61.048 2020Q2 BoP Exports 56.811 2020Q3 BoP Exports 61.31 2020Q4 BoP Exports 63.442 2021Q1 BoP Exports 67.552 2021Q2 BoP Exports 67.598 2021Q3 BoP Exports 71.815 2021Q4 BoP Exports 73.691 2022Q1 BoP Exports 78.38 2022Q2 BoP Exports 85.329 2022Q3 BoP Exports 94.696 2022Q4 BoP Exports 96.381 2023Q1 BoP Exports 88.961 2023Q2 BoP Exports 74.136 2023Q3 BoP Exports 71.383 2023Q4 BoP Exports 71.2 2024Q1 BoP Exports 75.526 2024Q2 BoP Exports 79.293 2012Q1 BoP Imports 16.436 2012Q2 BoP Imports 16.33 2012Q3 BoP Imports 15.19 2012Q4 BoP Imports 17.018 2013Q1 BoP Imports 16.411 2013Q2 BoP Imports 16.173 2013Q3 BoP Imports 15.301 2013Q4 BoP Imports 16.342 2014Q1 BoP Imports 17.248 2014Q2 BoP Imports 17.616 2014Q3 BoP Imports 18.287 2014Q4 BoP Imports 20.579 2015Q1 BoP Imports 20.675 2015Q2 BoP Imports 21.256 2015Q3 BoP Imports 21.134 2015Q4 BoP Imports 23.868 2016Q1 BoP Imports 21.205 2016Q2 BoP Imports 23.207 2016Q3 BoP Imports 20.584 2016Q4 BoP Imports 22.076 2017Q1 BoP Imports 22.714 2017Q2 BoP Imports 22.777 2017Q3 BoP Imports 20.314 2017Q4 BoP Imports 22.9 2018Q1 BoP Imports 21.905 2018Q2 BoP Imports 24.469 2018Q3 BoP Imports 25.376 2018Q4 BoP Imports 30.562 2019Q1 BoP Imports 26.043 2019Q2 BoP Imports 26.238 2019Q3 BoP Imports 25.912 2019Q4 BoP Imports 29.635 2020Q1 BoP Imports 24.851 2020Q2 BoP Imports 22.487 2020Q3 BoP Imports 23.787 2020Q4 BoP Imports 29.041 2021Q1 BoP Imports 25.379 2021Q2 BoP Imports 27.698 2021Q3 BoP Imports 26.794 2021Q4 BoP Imports 32.369 2022Q1 BoP Imports 32.152 2022Q2 BoP Imports 37.517 2022Q3 BoP Imports 38.181 2022Q4 BoP Imports 41.803 2023Q1 BoP Imports 35.197 2023Q2 BoP Imports 38.351 2023Q3 BoP Imports 34.54 2023Q4 BoP Imports 41.533 2024Q1 BoP Imports 36.711 2024Q2 BoP Imports 39.76 2010Q1 Customs Exports 21.4998 2010Q1 Customs Imports 11.5442 2010Q2 Customs Exports 22.6831 2010Q2 Customs Imports 12.8495 2010Q3 Customs Exports 23.3448 2010Q3 Customs Imports 11.4437 2010Q4 Customs Exports 23.3959 2010Q4 Customs Imports 12.8572 2011Q1 Customs Exports 23.8276 2011Q1 Customs Imports 13.3845 2011Q2 Customs Exports 23.7195 2011Q2 Customs Imports 14.0208 2011Q3 Customs Exports 22.7775 2011Q3 Customs Imports 12.1851 2011Q4 Customs Exports 22.8662 2011Q4 Customs Imports 13.4449 2012Q1 Customs Exports 24.0278 2012Q1 Customs Imports 14.7361 2012Q2 Customs Exports 23.0413 2012Q2 Customs Imports 14.3511 2012Q3 Customs Exports 23.9561 2012Q3 Customs Imports 13.0905 2012Q4 Customs Exports 22.4815 2012Q4 Customs Imports 14.0014 2013Q1 Customs Exports 21.9874 2013Q1 Customs Imports 14.3965 2013Q2 Customs Exports 22.4964 2013Q2 Customs Imports 13.8591 2013Q3 Customs Exports 22.5388 2013Q3 Customs Imports 13.2072 2013Q4 Customs Exports 22.1588 2013Q4 Customs Imports 14.3242 2014Q1 Customs Exports 21.7648 2014Q1 Customs Imports 15.2268 2014Q2 Customs Exports 23.5591 2014Q2 Customs Imports 14.7448 2014Q3 Customs Exports 23.2712 2014Q3 Customs Imports 15.3454 2014Q4 Customs Exports 24.0206 2014Q4 Customs Imports 16.8403 2015Q1 Customs Exports 26.0428 2015Q1 Customs Imports 16.8641 2015Q2 Customs Exports 28.7045 2015Q2 Customs Imports 16.9832 2015Q3 Customs Exports 27.4768 2015Q3 Customs Imports 16.7377 2015Q4 Customs Exports 30.1833 2015Q4 Customs Imports 19.5261 2016Q1 Customs Exports 27.813124 2016Q1 Customs Imports 17.620532 2016Q2 Customs Exports 30.306574 2016Q2 Customs Imports 18.941963 2016Q3 Customs Exports 30.360762 2016Q3 Customs Imports 18.129235 2016Q4 Customs Exports 30.811693 2016Q4 Customs Imports 19.604585 2017Q1 Customs Exports 32.17871 2017Q1 Customs Imports 20.981362 2017Q2 Customs Exports 31.076438 2017Q2 Customs Imports 21.741151 2017Q3 Customs Exports 28.983231 2017Q3 Customs Imports 18.546009 2017Q4 Customs Exports 30.546414 2017Q4 Customs Imports 21.674665 2018Q1 Customs Exports 33.842889 2018Q1 Customs Imports 20.099517 2018Q2 Customs Exports 35.555779 2018Q2 Customs Imports 21.887365 2018Q3 Customs Exports 34.162903 2018Q3 Customs Imports 23.222817 2018Q4 Customs Exports 37.083398 2018Q4 Customs Imports 26.781391 2019Q1 Customs Exports 37.576554 2019Q1 Customs Imports 21.846837 2019Q2 Customs Exports 38.539854 2019Q2 Customs Imports 22.158379 2019Q3 Customs Exports 37.628972 2019Q3 Customs Imports 22.078161 2019Q4 Customs Exports 38.788618 2019Q4 Customs Imports 24.935688 2020Q1 Customs Exports 44.223535 2020Q1 Customs Imports 21.745594 2020Q2 Customs Exports 37.865269 2020Q2 Customs Imports 18.473254 2020Q3 Customs Exports 40.54326 2020Q3 Customs Imports 20.8407 2020Q4 Customs Exports 39.499018 2020Q4 Customs Imports 26.005884 2021Q1 Customs Exports 40.3527 2021Q1 Customs Imports 22.30656 2021Q2 Customs Exports 40.586158 2021Q2 Customs Imports 26.897316 2021Q3 Customs Exports 41.140686 2021Q3 Customs Imports 24.065239 2021Q4 Customs Exports 43.63557 2021Q4 Customs Imports 30.519375 2022Q1 Customs Exports 52.199816 2022Q1 Customs Imports 30.432725 2022Q2 Customs Exports 52.834241 2022Q2 Customs Imports 37.385084 2022Q3 Customs Exports 53.727718 2022Q3 Customs Imports 35.983165 2022Q4 Customs Exports 50.000866 2022Q4 Customs Imports 37.236452 2023Q1 Customs Exports 50.949371 2023Q1 Customs Imports 34.550143 2023Q2 Customs Exports 50.216443 2023Q2 Customs Imports 36.005463 2023Q3 Customs Exports 47.650508 2023Q3 Customs Imports 32.4022 2023Q4 Customs Exports 47.883544 2023Q4 Customs Imports 36.808928 2024Q1 Customs Exports 34.747517 2024Q1 Customs Imports 19.442364
Quarter Type_Imports 2012Q1 1.436 2012Q2 3.585 2012Q3 1.367 2012Q4 1.618 2013Q1 1.231 2013Q2 1.356 2013Q3 1.66 2013Q4 1.793 2014Q1 1.961 2014Q2 2.08 2014Q3 2.331 2014Q4 2.51 2015Q1 3.741 2015Q2 6.03 2015Q3 6.093 2015Q4 14.585 2016Q1 11.009 2016Q2 11.905 2016Q3 13.242 2016Q4 19.255 2017Q1 4.246 2017Q2 41.791 2017Q3 3.804 2017Q4 6.324 2018Q1 3.75 2018Q2 4.472 2018Q3 4.944 2018Q4 24.609 2019Q1 4.825 2019Q2 47.752 2019Q3 7.092 2019Q4 77.419 2020Q1 2020Q2 2020Q3 12.473 2020Q4 32.363 2021Q1 6.388 2021Q2 7.331 2021Q3 8.288 2021Q4 24.527 2022Q1 8.526 2022Q2 10.657 2022Q3 13.385 2022Q4 13.846 2023Q1 8.246 2023Q2 9.738 2023Q3 10.075 2023Q4 25.355 2024Q1 9.249 2024Q2 10.926
Year Category Value 2010 Total corporate tax receipts 3923.6 2010 Foreign-owned taxpayers 2010 Top 10 corporate taxpayers 1268 2011 Total corporate tax receipts 3520.2 2011 Foreign-owned taxpayers 2011 Top 10 corporate taxpayers 1378 2012 Total corporate tax receipts 4215.7 2012 Foreign-owned taxpayers 2012 Top 10 corporate taxpayers 1414 2013 Total corporate tax receipts 4270.3 2013 Foreign-owned taxpayers 2013 Top 10 corporate taxpayers 1551 2014 Total corporate tax receipts 4614.5 2014 Foreign-owned taxpayers 2014 Top 10 corporate taxpayers 1728 2015 Total corporate tax receipts 6871.6 2015 Foreign-owned taxpayers 5497.28 2015 Top 10 corporate taxpayers 2798 2016 Total corporate tax receipts 7351.1 2016 Foreign-owned taxpayers 5880.88 2016 Top 10 corporate taxpayers 2755 2017 Total corporate tax receipts 8201.4 2017 Foreign-owned taxpayers 6561.12 2017 Top 10 corporate taxpayers 3230 2018 Total corporate tax receipts 10385.2 2018 Foreign-owned taxpayers 7996.604 2018 Top 10 corporate taxpayers 4671 2019 Total corporate tax receipts 10887.6 2019 Foreign-owned taxpayers 8341 2019 Top 10 corporate taxpayers 4390 2020 Total corporate tax receipts 11832.8 2020 Foreign-owned taxpayers 9657 2020 Top 10 corporate taxpayers 5983 2021 Total corporate tax receipts 15324.4 2021 Foreign-owned taxpayers 12342 2021 Top 10 corporate taxpayers 8176 2022 Total corporate tax receipts 22642.6 2022 Foreign-owned taxpayers 19579 2022 Top 10 corporate taxpayers 13013 2023 Total corporate tax receipts 23837 2023 Foreign-owned taxpayers 19990 2023 Top 10 corporate taxpayers 12315
Year Type Amount 2022 Non-windfall revenue 11.845 2022 Windfall revenue 10.8 2023 Non-windfall revenue 12.505 2023 Windfall revenue 11.8 2024 Non-windfall revenue 13.26 2024 Windfall revenue 11.8 2025 Non-windfall revenue 14.05 2025 Windfall revenue 11.4 2026 Non-windfall revenue 14.79 2026 Windfall revenue 12.4
Time RecipientCountry Payments 2008-01-01 United States 2.265 2008-01-01 Euro Area 2.395 2008-04-01 United States 1.735 2008-04-01 Euro Area 2.428 2008-07-01 United States 2.163 2008-07-01 Euro Area 2.482 2008-10-01 United States 3.119 2008-10-01 Euro Area 3.182 2009-01-01 United States 2.097 2009-01-01 Euro Area 3.107 2009-04-01 United States 1.619 2009-04-01 Euro Area 3.392 2009-07-01 United States 1.652 2009-07-01 Euro Area 2.771 2009-10-01 United States 1.716 2009-10-01 Euro Area 3.514 2010-01-01 United States 2.088 2010-01-01 Euro Area 3.241 2010-04-01 United States 2.061 2010-04-01 Euro Area 3.675 2010-07-01 United States 1.708 2010-07-01 Euro Area 3.869 2010-10-01 United States 1.495 2010-10-01 Offshore Financial Centers 0.813 2010-10-01 Euro Area 4.584 2011-01-01 United States 1.731 2011-01-01 Offshore Financial Centers 0.376 2011-01-01 Euro Area 3.845 2011-04-01 United States 2.087 2011-04-01 Offshore Financial Centers 0.61 2011-04-01 Euro Area 4.06 2011-07-01 United States 1.541 2011-07-01 Offshore Financial Centers 0.712 2011-07-01 Euro Area 4.212 2011-10-01 United States 1.354 2011-10-01 Euro Area 4.771 2012-01-01 United States 2.1 2012-01-01 Offshore Financial Centers 0.808 2012-01-01 Euro Area 3.258 2012-04-01 United States 1.966 2012-04-01 Offshore Financial Centers 0.902 2012-04-01 Euro Area 3.781 2012-07-01 United States 1.786 2012-07-01 Offshore Financial Centers 0.937 2012-07-01 Euro Area 3.659 2012-10-01 United States 1.635 2012-10-01 Offshore Financial Centers 1.492 2012-10-01 Euro Area 4.167 2013-01-01 United States 1.866 2013-01-01 Offshore Financial Centers 1.168 2013-01-01 Euro Area 3.931 2013-04-01 United States 1.76 2013-04-01 Offshore Financial Centers 1.296 2013-04-01 Euro Area 3.952 2013-07-01 United States 1.367 2013-07-01 Offshore Financial Centers 1.539 2013-07-01 Euro Area 4.032 2013-10-01 United States 1.397 2013-10-01 Offshore Financial Centers 1.446 2013-10-01 Euro Area 4.606 2014-01-01 United States 1.577 2014-01-01 Offshore Financial Centers 3.363 2014-01-01 Euro Area 3.522 2014-04-01 United States 1.26 2014-04-01 Offshore Financial Centers 4.333 2014-04-01 Euro Area 3.673 2014-07-01 United States 1.467 2014-07-01 Offshore Financial Centers 4.541 2014-07-01 Euro Area 3.872 2014-10-01 United States 1.415 2014-10-01 Offshore Financial Centers 5.314 2014-10-01 Euro Area 4.607 2015-01-01 United States 1.502 2015-01-01 Offshore Financial Centers 7.401 2015-01-01 Euro Area 4.364 2015-04-01 United States 1.64 2015-04-01 Offshore Financial Centers 8.071 2015-04-01 Euro Area 4.933 2015-07-01 United States 1.805 2015-07-01 Offshore Financial Centers 7.789 2015-07-01 Euro Area 4.809 2015-10-01 United States 1.607 2015-10-01 Offshore Financial Centers 8.808 2015-10-01 Euro Area 5.371 2016-01-01 United States 1.932 2016-01-01 Offshore Financial Centers 8.628 2016-01-01 Euro Area 4.999 2016-04-01 United States 2.064 2016-04-01 Offshore Financial Centers 8.02 2016-04-01 Euro Area 5.325 2016-07-01 United States 1.995 2016-07-01 Offshore Financial Centers 8.633 2016-07-01 Euro Area 4.974 2016-10-01 United States 2.131 2016-10-01 Offshore Financial Centers 8.098 2016-10-01 Euro Area 5.558 2017-01-01 United States 2.224 2017-01-01 Offshore Financial Centers 7.216 2017-01-01 Euro Area 5.48 2017-04-01 United States 1.94 2017-04-01 Offshore Financial Centers 6.858 2017-04-01 Euro Area 5.964 2017-07-01 United States 1.896 2017-07-01 Offshore Financial Centers 6.976 2017-07-01 Euro Area 4.805 2017-10-01 United States 1.816 2017-10-01 Offshore Financial Centers 7.837 2017-10-01 Euro Area 6.707 2018-01-01 United States 1.41 2018-01-01 Offshore Financial Centers 7.909 2018-01-01 Euro Area 5.643 2018-04-01 United States 2.041 2018-04-01 Offshore Financial Centers 7.983 2018-04-01 Euro Area 6.469 2018-07-01 United States 1.628 2018-07-01 Offshore Financial Centers 8.719 2018-07-01 Euro Area 6.149 2018-10-01 United States 2.26 2018-10-01 Offshore Financial Centers 8.704 2018-10-01 Euro Area 7.274 2019-01-01 United States 2.612 2019-01-01 Offshore Financial Centers 8.688 2019-01-01 Euro Area 6.117 2019-04-01 United States 2.921 2019-04-01 Offshore Financial Centers 10.148 2019-04-01 Euro Area 6.076 2019-07-01 United States 3.529 2019-07-01 Offshore Financial Centers 8.8 2019-07-01 Euro Area 7.51 2019-10-01 United States 4.027 2019-10-01 Offshore Financial Centers 9.744 2019-10-01 Euro Area 8.811 2020-01-01 United States 8.813 2020-01-01 Offshore Financial Centers 7.162 2020-01-01 Euro Area 1.096 2020-04-01 United States 7.359 2020-04-01 Euro Area 2.135 2020-07-01 United States 12.328 2020-07-01 Offshore Financial Centers 1.279 2020-07-01 Euro Area 1.004 2020-10-01 United States 23.878 2020-10-01 Euro Area 2.191 2021-01-01 United States 17.7 2021-01-01 Euro Area 0.711 2021-04-01 United States 20.496 2021-04-01 Offshore Financial Centers 2.057 2021-04-01 Euro Area 2.108 2021-07-01 United States 23.549 2021-07-01 Offshore Financial Centers 1.434 2021-10-01 United States 27.808 2022-01-01 United States 23.549 2022-04-01 United States 23.425 2022-04-01 Offshore Financial Centers 2.06 2022-07-01 United States 24.213 2022-07-01 Euro Area 1.014 2022-10-01 United States 31.114 2023-01-01 United States 26.269 2023-04-01 United States 25.304 2023-04-01 Offshore Financial Centers 0.487 2023-07-01 United States 28.73 2023-10-01 United States 34.686
fyear name value 2009 Income Tax at Federal Statutory Rate 0.350019647 2009 Reported Income Tax Expense 0.206516705 2010 Income Tax at Federal Statutory Rate 0.349565939 2010 Reported Income Tax Expense 0.218939692 2011 Income Tax at Federal Statutory Rate 0.350007416 2011 Reported Income Tax Expense 0.226003061 2012 Income Tax at Federal Statutory Rate 0.350008515 2012 Reported Income Tax Expense 0.22722207 2013 Income Tax at Federal Statutory Rate 0.35001824 2013 Reported Income Tax Expense 0.197014529 2014 Income Tax at Federal Statutory Rate 0.350002038 2014 Reported Income Tax Expense 0.242792059 2015 Income Tax at Federal Statutory Rate 0.350003222 2015 Reported Income Tax Expense 0.249756774 2016 Income Tax at Federal Statutory Rate 0.350018604 2016 Reported Income Tax Expense 0.178403738 2017 Income Tax at Federal Statutory Rate 2017 Reported Income Tax Expense 2018 Income Tax at Federal Statutory Rate 2018 Reported Income Tax Expense 2019 Income Tax at Federal Statutory Rate 0.210010586 2019 Reported Income Tax Expense 0.126763149 2020 Income Tax at Federal Statutory Rate 0.209938777 2020 Reported Income Tax Expense 0.14244506 2021 Income Tax at Federal Statutory Rate 0.210005229 2021 Reported Income Tax Expense 0.136328314 2022 Income Tax at Federal Statutory Rate 0.209984565 2022 Reported Income Tax Expense 0.139075974 2023 Income Tax at Federal Statutory Rate 0.210022954 2023 Reported Income Tax Expense 0.158094079
fyear name value 2009 Foreign Tax Rate Differential -15.785107 2009 Other TCJA Components 0 2009 FDII 0 2010 Foreign Tax Rate Differential -19.79027883 2010 Other TCJA Components 0 2010 FDII 0 2011 Foreign Tax Rate Differential -25.28351175 2011 Other TCJA Components 0 2011 FDII 0 2012 Foreign Tax Rate Differential -27.73278783 2012 Other TCJA Components 0 2012 FDII 0 2013 Foreign Tax Rate Differential -29.03419544 2013 Other TCJA Components 0 2013 FDII 0 2014 Foreign Tax Rate Differential -30.45559054 2014 Other TCJA Components 0 2014 FDII 0 2015 Foreign Tax Rate Differential -33.70646222 2015 Other TCJA Components 0 2015 FDII 0 2016 Foreign Tax Rate Differential -33.96831568 2016 Other TCJA Components 0 2016 FDII 0 2019 Foreign Tax Rate Differential -13.5770532 2019 Other TCJA Components -1.597423 2019 FDII -0.063966 2020 Foreign Tax Rate Differential -12.7602068 2020 Other TCJA Components -1.555688 2020 FDII -1.846899 2021 Foreign Tax Rate Differential -16.8434475 2021 Other TCJA Components -1.557268 2021 FDII -8.120669 2022 Foreign Tax Rate Differential -10.3295643 2022 Other TCJA Components 1.176 2022 FDII -11.141864 2023 Foreign Tax Rate Differential -10.0533114 2023 Other TCJA Components 0.223 2023 FDII -10.685317
fyear name value 2009 Income Tax Differential -24.01770523 2010 Income Tax Differential -25.23965635 2011 Income Tax Differential -28.0093905 2012 Income Tax Differential -30.0009271 2013 Income Tax Differential -38.1173145 2014 Income Tax Differential -31.2762209 2015 Income Tax Differential -26.46573275 2016 Income Tax Differential -47.2978661 2017 Income Tax Differential 2018 Income Tax Differential 2019 Income Tax Differential -27.452111 2020 Income Tax Differential -23.19959 2021 Income Tax Differential -38.074729 2022 Income Tax Differential -32.408989 2023 Income Tax Differential -25.650869
Period DI_User Metric Value 2012-2016 Multinationals with Irish Affiliates Domestic Income Share 0.502591156 2012-2016 Multinationals with Irish Affiliates Domestic Tax Share 0.608608775 2012-2016 Other US Multinationals Domestic Income Share 0.680951703 2012-2016 Other US Multinationals Domestic Tax Share 0.679235191 2019-2023 Multinationals with Irish Affiliates Domestic Income Share 0.551646485 2019-2023 Multinationals with Irish Affiliates Domestic Tax Share 0.573367996 2019-2023 Other US Multinationals Domestic Income Share 0.74372975 2019-2023 Other US Multinationals Domestic Tax Share 0.661336261
Year Industry Category Percentage 2013 Pharma Sales 0.529155587 2013 Pharma Income 0.799798743 2013 Tech Sales 0.540483204 2013 Tech Income 0.626230299 2014 Pharma Sales 0.537054226 2014 Pharma Income 0.773385836 2014 Tech Sales 0.542340251 2014 Tech Income 0.62244973 2015 Pharma Sales 0.530585643 2015 Pharma Income 0.790278425 2015 Tech Sales 0.537561584 2015 Tech Income 0.619991652 2016 Pharma Sales 0.51219831 2016 Pharma Income 0.793475934 2016 Tech Sales 0.525138821 2016 Tech Income 0.618984114 2017 Pharma Sales 0.502736811 2017 Pharma Income 0.8079996 2017 Tech Sales 0.515059713 2017 Tech Income 0.633370494 2018 Pharma Sales 0.495028142 2018 Pharma Income 0.867805626 2018 Tech Sales 0.504752009 2018 Tech Income 0.635923134 2019 Pharma Sales 0.492997918 2019 Pharma Income 0.867480953 2019 Tech Sales 0.490409634 2019 Tech Income 0.63392077 2020 Pharma Sales 0.481465926 2020 Pharma Income 0.948187301 2020 Tech Sales 0.477217523 2020 Tech Income 0.574579825 2021 Pharma Sales 0.474480067 2021 Pharma Income 0.889803971 2021 Tech Sales 0.474561655 2021 Tech Income 0.473362329 2022 Pharma Sales 0.463877071 2022 Pharma Income 0.874691587 2022 Tech Sales 0.467403593 2022 Tech Income 0.433946748
capitalized industry share_statutory_income_tax Intel Tech 0.22401003 Cisco Tech 0.22230233 Meta Tech 0.220175078 Amazon Tech 0.203917287 Alphabet Tech 0.193395151 Eli Lilly Pharma 0.149058169 Gilead Pharma 0.113057224 Pfizer Pharma 0.091589689 Abbott Laboratories Pharma 0.082795434 Microsoft Tech 0.058638885 Amgen Pharma 0.057533993 Apple Tech 0.023221495 eBay Tech 0 Oracle Tech 0 Bristol-Myers Squibb Pharma 0 AbbVie Inc. Pharma 0 Johnson & Johnson Pharma 0 Merck & Co. Pharma 0 IBM Tech 0
Sector share Manufacturing 0.311244032 Information 0.493908427