Minister for Finance comments on the slowdown in corporation tax receipts

Minister for Finance comments on the slowdown in corporation tax receipts

Assessment

Interactive Video

Business, Social Studies, Other

9th - 10th Grade

Hard

Created by

Wayground Content

FREE Resource

The video discusses the trends in corporation tax receipts, highlighting that while growth continues, the rapid increases seen in previous years are unlikely to persist. The global economic environment is deteriorating, affecting exports and specific sectors like pharmaceuticals and ICT. The volatility of tax receipts is emphasized, with a significant moderation in growth rates observed.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What has been the trend in corporation tax receipts according to the speaker?

They have been growing year on year but at a slower rate.

They have been growing at a high rate consistently.

They have remained constant over the years.

They have been decreasing year on year.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What external factor is affecting Ireland's exports, as mentioned in the video?

An improving global economy

Stable global economic conditions

A booming global economy

A deteriorating global economy

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which sector is specifically mentioned as experiencing weaknesses in Ireland's exports?

Automobile

Technology

Pharmaceutical

Agriculture

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a characteristic of the corporation tax head as described by the speaker?

It is stable and predictable.

It is volatile and subject to fluctuations.

It is declining steadily.

It is unaffected by external factors.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Despite the moderation in growth, what is still happening with corporation tax receipts?

They are decreasing year on year.

They are growing year on year.

They are remaining the same.

They are fluctuating unpredictably.