asked the Minister for Finance the amount of revenue collected in VAT from purchases of machinery and equipment made by farmers during the 1985 financial year.
Written Answers. - VAT Yield.
57.
There is no effective VAT yield from farm machinery and equipment. Farmers are compensated within the VAT system for VAT borne on the purchase of such items. Figures of the amount of tax borne and of the corresponding compensation are not available in respect of farm machinery and equipment.