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Committee on Budgetary Oversight: Tax Expenditures: Discussion (24 Jun 2021)

...Budget 2021 outlined an expectation that the State will collect €77.6 billion in tax and social insurance contributions this year. Data from the Revenue Commissioners for 2018 show approximately 85 discretionary tax expenditure measures costing a total of €15.8 billion in revenue forgone. These are measures which are not structural to the taxation system but which have been...

Committee on Budgetary Oversight: Tax Expenditures: Discussion (24 Jun 2021)

Richard Boyd Barrett: ...tend to be more effective in delivering results in terms of providing particular services or for particular needs in society. I have a particular interest in film tax relief, which amounts to €70 million to €80 million in tax relief. Do any of the witnesses have an opinion on this? This is an odd tax relief because they get cash upfront. Most of the people who get this...

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