Seamus Kirk
Ceist:74 Mr. Kirk asked the Minister for Finance if awards arising from personal injury claims are referred to the Revenue Commissioners for consideration; and if he will make a statement on the matter. [16525/97]
Written Answers - Personal Injury Awards.
I am informed by the Revenue Commissioners that awards for personal injury claims are not referred to them for consideration. Damages for personal injuries in themselves are generally not liable to tax. However, the tax treatment of compensation awards is a complex area and the precise treatment in any case will depend on the particular facts. Any taxation issues arising from such awards would normally be considered by Revenue only after the award is made at the time when the relevant tax return is being filed.