Oireachtas Joint and Select Committees
Tuesday, 20 September 2016
Committee on Budgetary Oversight
Revenue Raising Proposals: Minister for Finance and Revenue Commissioners
9:30 am
Joan Burton (Dublin West, Labour) | Oireachtas source
To return to the Revenue Commissioners, the issue of the knowledge box and the Minister's comment about more companies than multinationals establishing here - we all know many new Irish companies and start-ups have established - to what extent are Irish start-up companies versus multinationals and other Irish companies availing of the knowledge box? Will the Minister give me those figures? I accept he might not have them yet. My understanding is that cost is €50 million a year, which is an expensive enough tax break. The Minister referred in his comments on multinationals to perhaps €200 million or €300 million in potential refunds being in play. I am curious as to what that might mean.
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