Tax Code.

Dáil Éireann Debate, Thursday - 8 February 2007

Thursday, 8 February 2007

Questions (160)

Willie Penrose

Question:

154 Mr. Penrose asked the Minister for Finance the status of a farm management technician certificate (details supplied); if it is sufficient to enable their father to transfer lands to them in the context of the transfer from father to son, who are both farmers; if the said certificate is deemed equivalent to the green certificate at this point in time as the farmer has gained approximately 15 years practical experience in the interim; and if he will make a statement on the matter. [4621/07]

Written answers

Minister for Finance (Mr. Cowen)

I take it that the question relates to the stamp duty exemption that is available to Young Trained Farmers holding a relevant qualification.

The farm management technician certificate is not a relevant qualification for the purpose of the stamp duty exemption. However, where Teagasc certifies that another qualification corresponds to a relevant qualification, that other qualification will be treated as a relevant qualification.

The individual should send a copy of his farm management technician certificate, together with full details of the course attended, to the Revenue Commissioners who will ask Teagasc for a determination as to whether the certificate is a corresponding qualification. In this regard, the certificate and the details of the course should be sent to, Dublin Stamping District, Stamping Building, Dublin Castle, Dublin 2.