Dan Neville (Limerick West, Fine Gael)
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Question 103: To ask the Minister for Finance if he has evaluated the impact of the tax credit on incremental research; and if he will make a statement on the matter. [38839/05]

Brian Cowen (Laois-Offaly, Fianna Fail)
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A 20% tax credit applies to companies that incur incremental expenditure on research and development. The credit was introduced in 2004 and it is too early for a detailed evaluation. The Revenue Commissioners have made specific provisions for collection of data on costs through company tax returns; thus information will be available on the costs of the credit in due course.