David Stanton
Ceist:130 Mr. Stanton asked the Minister for Finance the number of artists with tax exemption status; the number of these that are visual artists; and if he will make a statement on the matter. [27318/99]
Vol. 512 No. 7
130 Mr. Stanton asked the Minister for Finance the number of artists with tax exemption status; the number of these that are visual artists; and if he will make a statement on the matter. [27318/99]
Income earned by artists, writers, composers and sculptors form the sale of their work is exempt from tax in certain circumstances.
Section 195 of the Taxes Consolidation Act, 1997, formerly section 2 of the Finance Act, 1969, empowers the Revenue Commissioners to make determination that certain artistic works are original and creative works generally recognised as having cultural or artistic merit. Accordingly, earnings derived form such works are exempt from income tax.
The Revenue Commissioners can make determinations in respect of artistic works in the following categories:
(a)a book or other writing
(b)a play
(c)a musical composition
(d)a painting or other like picture, and
(e)a sculpture
Claims for determinations submitted on or after 3 May 1994 are considered by the Revenue Commissioners under guidelines in relation to artists exemption drawn up by the Minister for Arts, Heritage, Gaeltacht and the Islands and An Comhairle Ealaíon with the consent of the Minister for Finance.
1997/98 |
1998/99 |
|
Category(a)a book or other writing |
72 |
96 |
Category(b)a play |
39 |
27 |
Category(c)a musical composition |
50 |
65 |
Category(d)a painting or otherlike picture |
155 |
163 |
Category(e)a sculpture |
50 |
63 |
Totals |
366 |
414 |