Ruth Coppinger (Dublin West, Solidarity)
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237. To ask the Minister for Finance he annual cost of the knowledge development box for each year since it was introduced; and the estimated cost for 2017 and 2018. [34549/17]

Paschal Donohoe (Dublin Central, Fine Gael)
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I am advised by Revenue that the Knowledge Development Box (“KDB”) was introduced with effect from 1 January 2016. The earliest Corporation Tax returns claiming the KDB would therefore be 2016 returns, the bulk of which are not due to be filed until later this year. When these returns have been filed and subsequently processed and analysed, Revenue will be in a position to provide this data. The estimated cost of the KDB at the time of Budget 2016 was €31 million on a first year basis and €50 million in a full year.