Written answers

Wednesday, 25 November 2020

Photo of Carol NolanCarol Nolan (Laois-Offaly, Independent)
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51. To ask the Minister for Finance the total number of persons granted exemptions under section 195 of the Taxes Consolidation Act 1997 in each of the years 2015 to 2019 inclusive; the estimated total amount of tax revenue forgone by the State in each of those years as a result of these exemptions; and if he will make a statement on the matter. [39001/20]

Photo of Paschal DonohoePaschal Donohoe (Dublin Central, Fine Gael)
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The total number of persons who have been granted exemptions under section 195 of the Taxes Consolidation Act 1997 (Artists exemption) in each of the years 2015 to 2018, inclusive, and the estimated total amount of tax revenue foregone by the State in each of those years as a result of these exemptions is detailed in the table below. Please note that 2018 is the most recent year for which data are available.

2015 2016 2017 2018
No. of exemptions 2840 3000 3110 3270
Tax revenue foregone (€m) 10.8 11.3 12.7 10

Further data can be found in Revenue’s ‘Costs of Tax Expenditures’ (credits, allowances and reliefs) publication, which is available at link .

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