Written answers

Thursday, 11 July 2019

Department of Finance

Employment Investment Incentive Scheme

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail)
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180. To ask the Minister for Finance the annual cost of the employment and investment incentive scheme for each year since it started including 2018; the number of companies that availed of the scheme in each of the years by multinational companies and SME companies; and if he will make a statement on the matter. [30807/19]

Photo of Paschal DonohoePaschal Donohoe (Dublin Central, Fine Gael)
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I am advised by Revenue that a report on the Employment and Investment Incentive (EII) can be found at . The report contains statistics on the number of companies availing of the scheme and the cost to the Exchequer up to 2017, the latest year for which data are currently available.

The following table sets out the Exchequer costs and the companies availing of the incentive:

Year1st Tranche Exchequer Cost

2nd  Tranche Exchequer Cost

No. of Companies

The EII scheme applies to unquoted micro, small and medium sized trading companies only. Therefore, the question of data in respect of multinational companies under the scheme does not arise.  


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