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Dáil Éireann debate -
Tuesday, 18 Jun 1957

Vol. 162 No. 7

Ceisteanna—Questions. Oral Answers. - Investment Allowance on Ships.

asked the Minister for Finance if he will state the estimated cost to the Exchequer next year of the Budget proposal for a 40 per cent. investment allowance in respect of ships.

It is not possible to estimate the cost to the Exchequer next year of the proposal to grant a 40 per cent. investment allowance in respect of ships, as the cost will be dependent upon the extent of expenditure on the purchase of ships in the current year.

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