asked the Minister for Finance if he will state his estimate of the value (1) in total since 1957 to the nearest date and (2) year by year since 1957, of the concessions made to firms producing or finishing goods for export by way of tax remissions or incentives of any kind.
Written Answers. - Industrial Export Incentives.
The value to exporters of the export tax reliefs is estimated below. It is not possible to evaluate in relation to exports the benefit of Foras Tionscal grants or agricultural price supports.
Value of Exports Tax Relief |
|
£m. |
|
(1) Total since 1957 |
4.0 |
(2) Year by year since 1957 1957-1958 |
nil |
Year to the 31st January, 1960 |
0.4 |
,,,,,,,,1961 |
0.6 |
,,,,,,,,1962 |
0.7 |
,,,,,,,,1963 |
1.2 |
,,,,,,,,1964 |
1.1 |
Payments to Córas Tráchtála for the development of exports have been:—
£ |
|
(1) Total since 1957 |
1,572,885 |
(2) Year by year since 1957 |
|
1957-58 |
125,000 |
1958-59 |
160,000 |
1959-60 |
225,000 |
1960-61 |
266,000 |
1961-62 |
241,885 |
1962-63 |
245,000 |
1963-64 |
310,000 |
74.
asked the Minister for Industry and Commerce if he will state his estimate of the value (1) in total since 1957 to the nearest date and (2) year by year since 1957, of the concessions made to firms producing or finishing goods for export by way of capital grants or loans.