Joe Higgins
Question:259 Mr. Higgins (Dublin West) asked the Minister for Finance the cost of the business expansion scheme in terms of revenue foregone in the tax year 1995-96. [12212/98]
Vol. 491 No. 3
259 Mr. Higgins (Dublin West) asked the Minister for Finance the cost of the business expansion scheme in terms of revenue foregone in the tax year 1995-96. [12212/98]
I am informed by the Revenue Commissioners that for the tax year 1995-96, the total amount raised under the business expansion scheme was £77 million at a cost to the Exchequer in tax foregone of £37 million.