Research & Development Tax Credit and the Knowledge Development Box

AmCham welcomes the opportunity to participate in the Department of Finance’s public consultation on the Research & Development Tax Credit and the Knowledge Development Box.

The R&D tax credit has been strategically important in ensuring Ireland remains an attractive, and competitive location for inward investment. AmCham highlights the importance of innovation and R&D each year through our annual Innovation Awards, which shine a light on the global impact that US companies have on driving cutting-edge research in Ireland.

US companies in Ireland, through their R&D activities, have a global impact, both through their own teams and in partnership with SMEs and research and education institutions. In 2022, AmCham presented awards recognising the impact that Irish based teams are having on critical challenges and opportunities for the global community, in the areas of sustainability, enabling technologies, and talent development.

Read the full submission here