Mary Upton
Question:228 Deputy Mary Upton asked the Minister for Finance the amount of tax forgone under the section 481 tax relief in each of the past ten years in tabular form; and if he will make a statement on the matter. [3036/10]
View answerDáil Éireann Debate, Tuesday - 26 January 2010
228 Deputy Mary Upton asked the Minister for Finance the amount of tax forgone under the section 481 tax relief in each of the past ten years in tabular form; and if he will make a statement on the matter. [3036/10]
View answerI am informed by the Revenue Commissioners that the estimated amount of tax forgone under Section 481 tax relief in each of the past ten years is as follows:
Tax Year |
Tax Cost |
€m |
|
2000/01 |
29.2 |
2001 (9 month tax “year”) |
11.4 |
2002 |
21.7 |
2003 |
24.6 |
2004 |
19.5 |
2005 |
15.7 |
2006 |
36.4 |
2007 |
31.1 |
2008 |
32.8 |
2009 |
35.0* |
*Cost is provisional and may be revised.
229 Deputy Mary Upton asked the Minister for Finance the estimated cost of extending the section 481 tax relief scheme to the computer game industry; and if he will make a statement on the matter. [3037/10]
View answerThe cost of extending to the computer game industry a tax relief similar to the scheme for film relief operating under section 481 would depend on the level of uptake by investors and the amounts invested. I am not therefore in a position to provide such an estimate.