Michael McGrath (Cork South Central, Fianna Fail)
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132. To ask the Minister for Finance the tax expenditure associated with research and development tax credits in each of the years 2012 to 2016, in tabular form; and if he will make a statement on the matter. [33767/17]

Paschal Donohoe (Dublin Central, Fine Gael)
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I am advised by Revenue that the information in respect of the Exchequer cost of the Research and Development (R&D) tax credit for the years 2012 to 2014 is available on the Revenue Statistics webpage at .

The exchequer cost and number of cases for the R&D tax credit for 2012, 2013 and 2014 was as follows:

The tax cost of the R&D tax credit in 2015 was €707.9m. Data in respect of 2016 is not yet available as the bulk of 2016 Corporation Tax returns are not due to be filed until later in the year. Once these returns have been filed, processed, and analysed, Revenue will be in a position to provide this data.