Oireachtas Joint and Select Committees
Thursday, 22 February 2018
Public Accounts Committee
Comptroller and Auditor General 2016 Report
Chapter 20: Corporation Tax Receipts (Resumed)
9:00 am
Mr. Niall Cody:
It depends. Some companies reappear and they have different claims in respect of different types of research and development while others are once-off. We discussed our large cases division earlier. One of the reasons we have such a division is to have a deep understanding of what goes in large companies that pay most of the tax. The division has a rolling programme. Approximately 80% of the companies that claim the research and development credit are smaller but probably only claim less than 40% of the total amount. The large companies carry out the largest element of research and development. They have make fewer claims but for more money.
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