A significant proportion of employment, tax receipts and exports all directly dependent on a cluster of US multinational firms.

This excludes an €11 billion boost from the Apple tax funds

Ireland is heavily dependent on the taxes and jobs of a cluster of US tech and pharmaceutical multinationals

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

Ireland now has one of Europe's healthiest sets of public finances. But how does the Government spend the money?

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

Michael McGrath warned of a ‘concentration risk’ as the top 10 companies in the state contribute almost 60% of all corporation tax.

The Minister for Finance said tax receipts may fall as the OECD global tax deal takes effect

November is the key month for corporation tax receipts as it contains the returns from a number of large multinationals operating in Ireland.