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Tax Code.

Dáil Éireann Debate, Wednesday - 27 April 2005

Wednesday, 27 April 2005

Ceisteanna (59)

Joe Costello

Ceist:

81 Mr. Costello asked the Minister for Finance if his Department has now concluded its consideration of the letter from the Commission directorate general for agriculture and rural development advising that it had come to a preliminary opinion that the stallion tax exemption scheme would seem to constitute an aid that was not compatible with the common market; if a reply has been submitted; if an extension of the one month deadline for reply has been agreed by the Commission; the amount he has submitted to the Commission of the estimate for 2003 of the stallion income exempted by the scheme; and if he will make a statement on the matter. [13342/05]

Amharc ar fhreagra

Freagraí scríofa

I will outline shortly to the European Commission the Government's position on the matter and a reply was sent to it on 14 April 2005 to that effect. As explained on previous occasions, there is no official estimate of the tax cost of the exemption until those availing of it make the returns required of them from next October.

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