Tony McLoughlin (Sligo-Leitrim, Fine Gael)
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109. To ask the Minister for Finance if a company (details supplied) will qualify for the employment and investment incentive; and if he will make a statement on the matter. [47659/17]

Paschal Donohoe (Dublin Central, Fine Gael)
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I am informed by Revenue that due to an increase in both the volume of the correspondence received and complexity of the issues involved in relation to applications for relief under the Employment and Investment Incentive (EII), there has been an unavoidable increase in the time taken to respond to that correspondence. Procedures have been put in place to reduce these backlogs and additional organisational resources have been assigned to process the backlog.

The company referred to by the Deputy applied for EII in the middle of August 2017. Applications received at the start of August are now being processed.