Income tax receipts rose by 10.6 per cent in August to €2.9 billion, bringing the year-to-date total to €23.2 billion – up €1 billion (4.7 per cent) on 2024.

Minister for Finance Paschal Donohoe said the figures are ‘broadly’ in line with what was expected.

Revenue said the seizure represented an estimated 4.9 million euro loss to the Exchequer.

Provisional figures were released by the Central Statistics Office on Monday.

Jack Chambers has compared US President Donald Trump’s tariff regime to the circumstances which precipitated the Great Depression.

Ireland is in the process of recovering more than 13 billion euro – plus interest – in corporation tax from the US tech giant.

Corporation tax receipts amounted to €35 billion for the year to date - that is €13 billion more than the same period last year.

Ultimately, each note was either directly or indirectly destined for the personal gain and enjoyment of those at the top levels of transnational Organised Crime Groups, gardaí said.

Minister for the Media Catherine Martin had been in favour of a fully state-funded model for the national broadcaster

Minister for Finance Michael McGrath said the focus was on implementing the budget announced last October

Minister for Finance Michael McGrath said this reflected a timing issue that "will almost certainly be made up" later this year

The growth was largely driven by a growth in income tax, VAT and excise duties.

Income tax was up 2.9 per cent from January 2023

Gardaí have arrested two men following a complaint of alleged fraud against the Exchequer and the HSE

The Exchequer returns for the quarter were up by just over 6 per cent on last year

The growth is expected to lead to a surplus in exchequer funds this year and next, according to the think tank

The figures were published by Minister for Finance Michael McGrath and Minister for Public Expenditure Paschal Donohoe on Wednesday

The Department of Finance said the increase reflects strong growth in tax revenues and the unwinding of Covid supports coupled with the reopening of the economy

The PAC said RTÉ must ensure any liability due to the Exchequer arising out of an investigation into the broadcaster's use of contractors must be paid from commercial revenue streams