Pearse Doherty (Donegal, Sinn Fein)
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201. To ask the Minister for Finance the estimated revenue from limiting the research and development tax credit to a company’s corporate liability in a given period (details supplied). [21232/18]

Paschal Donohoe (Dublin Central, Fine Gael)
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I am advised by Revenue that on the basis of claims in respect of refundable research and development tax credit for the tax year 2016, the latest year available, the estimated cash flow yield from limiting the research and development tax credit to a company’s liability to tax could be in the region of €240m. However, this estimate takes no account of any change in taxpayer behaviour which might arise on foot of the introduction of such a measure.