Oireachtas Joint and Select Committees
Wednesday, 5 April 2017
Committee on Budgetary Oversight
Engagement on Overall Fiscal Position: Discussion
2:00 pm
Tommy Broughan (Dublin Bay North, Independent) | Oireachtas source
He is interested in tax expenditures. I know it only exists since the last Government, but has the Department of Public Expenditure and reform taken tax expenditure seriously enough? Recent reports show that, for example, the research and development, R&D, tax credit which has operated over the period of the Department of Public Expenditure and Reform, is costing up to €1 billion in taxes foregone each year. Is there a serious cost benefit analysis of that measure and how the money could be best used?
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