Rose Conway-Walsh (Mayo, Sinn Fein)
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347. To ask the Minister for Finance the annual cost to the Exchequer of the knowledge development box; and if he will make a statement on the matter. [30987/21]

Paschal Donohoe (Dublin Central, Fine Gael)
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The most recent data on the annual cost and the number of claimants of the Knowledge Development Box (KDB) for the years 2018 and 2019 are published on page 17 of Revenue’s paper on 2020 Corporation Tax payments and 2019 Corporation Tax returns. This information is available at www.revenue.ie/en/corporate/documents/research/ct-analysis-2021.pdf.

In this regard, the Deputy may be aware that a claimant company has a period of up to 24 months to make a claim for KDB relief. Therefore, more claims in respect of the year ended 31 December 2019 may be made by September 2021.

I am further advised that, due to the small number of KDB claims and Revenue’s obligation to protect the confidentiality of taxpayer data, it is not possible to provide information in respect of the size of the firms availing of the relief.