Written answers
Thursday, 15 May 2014
Department of Finance
Tax Reliefs Cost
Michael McGrath (Cork South Central, Fianna Fail)
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71. To ask the Minister for Finance if he will provide in tabular form the annual tax expenditure associated with research and development tax credits in each year from 2010 to 2013; and if he will make a statement on the matter. [22050/14]
Michael Noonan (Limerick City, Fine Gael)
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I am informed by the Revenue Commissioners that the annual tax expenditure associated with research and development tax credits in each year from 2010 to 2012, the latest year available, is as set out in the following table.
Year | R&D Credit Cost |
---|---|
€m | |
2010 | 224 |
2011 | 261 |
2012 | 282 |
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