Dáil Éireann Debate, Tuesday - 15 May 2018
201. Deputy Pearse Doherty asked the Minister for Finance the estimated revenue from limiting the research and development tax credit to a company’s corporate liability in a given period (details supplied). [21232/18]
Amharc ar fhreagraI am advised by Revenue that on the basis of claims in respect of refundable research and development tax credit for the tax year 2016, the latest year available, the estimated cash flow yield from limiting the research and development tax credit to a company’s liability to tax could be in the region of €240m. However, this estimate takes no account of any change in taxpayer behaviour which might arise on foot of the introduction of such a measure.
