Dáil Éireann Debate, Tuesday - 29 September 2015
239. Deputy Richard Boyd Barrett asked the Minister for Finance the annual cost of research and development tax allowances or credits, in terms of corporate tax foregone, for each year from 2010 to the latest available figures; and if he will make a statement on the matter. [32962/15]
View answerI am advised by the Revenue Commissioners that a wide range of statistical information is now available on the Commissioners' statistics webpage at
www.revenue.ie/en/about/statistics/index.html.
In relation to the Deputy's question, information on the annual cost of research and development tax allowances can be found at
http://www.revenue.ie/en/about/statistics/costs-tax-expenditures.pdf.
The latest available figures are 2013 and the costs from 2010 are set out as follows:
|
Year |
R&D Credit Cost (€m) |
|
2010 |
224 |
|
2011 |
261 |
|
2012 |
282 |
|
2013 |
421 |
