Oireachtas Joint and Select Committees
Tuesday, 22 January 2019
Committee on Budgetary Oversight
Scrutiny of Tax Expenditures: Discussion
Ms Deirdre Donaghy:
In 2015, it was €50 million and in 2016, it was €81 million. Those are figures that move over time because claims come in. The way the film credit works is that the claims can come for a time after the date. What happens then is one takes those figures and one has to increase that cost by the shadow cost of public funds, which effectively multiplies up the cost.