Written answers
Tuesday, 15 July 2014
Department of Finance
Tax Reliefs Cost
Kevin Humphreys (Dublin South East, Labour)
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201. To ask the Minister for Finance to outline the projected costs to the Exchequer on an annual basis since 2011 of the tax exemption on approved profit-sharing schemes; and if he will make a statement on the matter. [31160/14]
Michael Noonan (Limerick City, Fine Gael)
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I am informed by the Revenue Commissioners that in 2011, the latest year for which figures are available, the estimated cost to the Exchequer of tax relief on Approved Profit Sharing Schemes was €25m.
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