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Dáil Éireann díospóireacht -
Tuesday, 5 Nov 2002

Vol. 556 No. 3

Written Answers. - Tax Reliefs.

Richard Bruton

Ceist:

277 Mr. R. Bruton asked the Minister for Finance the tax relief available under current tax law for the development of a stadium at Abbotstown; if he has had discussions regarding the possibility of additional tax relief being made available; and if he will make a statement on the matter. [19835/02]

In relation to the possible private sector development of a stadium at Abbottstown, under existing tax law, any assets that would be considered as plant and machinery would qualify for capital allowances at 20% per annum over a five-year period as is the case throughout the economy. There are no capital allowances available for the type of buildings or structures that may be included. I have not had discussions regarding new tax reliefs for this proposed project.

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