Mr. Seamus Coffey:

The total capital allowance does not change. If they both spend €100 on an intangible asset under either cap, they are both entitled to claim €100 of the capital allowance. It is a reflection of the amount of expenditure the company incurs. Regardless of whether the cap is 80% or 100%, the total capital allowance remains the same. It is not offering preferential treatment with regard to the overall tax. A year is just an arbitrary period we use to calculate tax. Over the term of an investment, an 80% or 100% cap should not affect the overall amount of tax paid. In general, I do not see a state aid risk.