Dáil Éireann Debate, Thursday - 5 December 2019
79. Deputy Michael McGrath asked the Minister for Finance the annual cost of the entrepreneurial relief in each year since its establishment including 2018; the number of companies that availed of the scheme in each of the years, by multinational and SME companies; and if he will make a statement on the matter. [51036/19]
View answerI assume the Deputy is referring to Capital Gains Tax Entrepreneur Relief provided for in section 597AA of the Taxes Consolidation Act 1997.
I am advised by Revenue that the number of claims and the cost of this Relief for 2016 to 2017 are published at the following link on Revenue's website:
https://www.revenue.ie/en/corporate/information-about-revenue/statistics/tax-expenditures/entrepreneur-relief-statistics.aspx.
I am also informed by Revenue that 2017 is the most recent year for which data are available in respect of the Deputy's query.
As the Relief is claimed by individuals, information in respect of multinational and SME companies is not applicable.
