Dáil Éireann Debate, Thursday - 21 September 2017
64. Deputy Joan Burton asked the Minister for Finance if the refundable element of the research and development tax credit has been assessed for compliance with EU state aid rules; and if he will make a statement on the matter. [39985/17]
View answerThe R&D Tax Credit is a general measure available to all taxpayers and does not constitute State Aid. The European Commission’s position that the R&D Tax Credit is a ‘general measure’ was confirmed in 2004, when the tax credit was introduced. The refundable element of the R&D Tax Credit was introduced in Finance Bill 2008 (No.2), and was examined beforehand from a legal standpoint to ensure that the measure was State Aid compliant.
