Jack Wall (Kildare South, Labour)
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Question 194: To ask the Minister for Finance if there are tax incentives available to a person or persons seeking to commence a tourist related industry in a RAPID designated area; and if he will make a statement on the matter. [13713/06]

Brian Cowen (Laois-Offaly, Fianna Fail)
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There are no specific tax incentives for tourist related industries in a RAPID area. Tourist industries in a RAPID area may avail of the range of incentives available to businesses, including start up businesses. These may include, for example, various capital allowances, as well as the tax incentives available for investment in certain tourist-traffic undertakings, under the business expansion scheme, BES. In certain cases, special accelerated incentives relating to hotels, holiday camps and holiday cottages are being phased out but may still be availed of where various transitional preconditions are met, for example, where planning permission has been applied for by 31 December 2004.