Out of a total of 165 sections of Finance Act 2010, 18 were identified as falling within the OECD definition of tax expenditures. The Report on Tax Expenditures, as required under section 1 Finance Act 2010, sets out a description, the objectives, and a cost/benefit analysis, of each of the 18 tax expenditures. The costs of tax forgone, and the benefits in terms of job creation or otherwise are also analysed. The report was prepared within the Department of Finance and is available on the department’s website.