Kevin Humphreys
Question:83. Deputy Kevin Humphreys asked the Minister for Finance if he will provide a recent cost-benefit analysis of the research and development tax credit; and if he will make a statement on the matter. [26077/13]
View answerWednesday, 29 May 2013
Questions (83)
Written answers
I assume the Deputy is referring to the comprehensive review of the R&D Tax Credit which was announced in Budget 2013. The terms of reference of the Review have been published on the Department’s website. One of the central purposes of this review is to ensure that the R&D tax credit gives value for money to the Irish taxpayer and accordingly a cost benefit analysis will be included. This review is already underway in the Department, and will be completed later this year. It is expected that the results will be published in due course.