Dáil Éireann Debate, Thursday - 16 December 2004
110 Mr. N. O’Keeffe asked the Minister for Finance if all the tenants of a business park (details supplied) in County Cork are in compliance with the criteria for tax designation under the Finance Act 1997; and if, in view of a number of complaints received in relation to possible non-compliance, he will investigate this matter. [34054/04]
View answerSection 26 of the Finance Act 1997 provides that the Minister for Finance may by order direct that areas immediately adjacent to certain regional airports are to be treated as enterprise areas and qualify for reliefs broadly in line with the reliefs available under the urban renewal scheme. There is no provision under this section, nor in any of the relevant legislative provisions providing tax relief in respect of the enterprise areas, to the effect that all of the buildings in the enterprise area must be qualifying buildings occupied by qualifying companies carrying out qualifying operations for the purposes of the enterprise areas tax incentive scheme.
