Dáil Éireann Debate, Wednesday - 10 March 2010
148 Deputy Pat Rabbitte asked the Minister for Finance the amount of revenue that was paid to the Exchequer in 2009 from the income tax and corporation tax on stallion horse profits following the ending of tax exemption in August 2008; and if he will make a statement on the matter. [11810/10]
Amharc ar fhreagraI am informed by the Revenue Commissioners that as statistics on income tax and corporation tax receipts do not generally distinguish between the yields from different sources of income the figures of tax yields in 2009 from stallion stud profits are not separately identifiable. Figures of the profits earned from the provision of stallion stud services are required to be returned in income tax and corporation tax returns for the 2009 year. The bulk of these returns are not due until late in 2010.
