104 Mr. Quinn asked the Minister for Finance if his attention has been drawn to the fact that injured children awarded money by the courts, on foot of a legal claim, are taxed on the interest of the capital sum of the award which is invested on their behalf by the courts until they reach the age of 18; if the Revenue Commissioners are automatically entitled to deduct DIRT from these deposits; if, in consultation with the Revenue Commissioners and the courts, he will put arrangements in place ensuring that DIRT will not be applied to awards invested by the courts on behalf of minors; and if he will make a statement on the matter. [13024/04]

Summary

104 Mr. Quinn asked the Minister for Finance if his attention has been drawn to the fact that injured children awarded money by the courts, on foot of a legal claim, are taxed on the interest of the capital sum of the award which is invested on their behalf by the courts until they reach the age of 18; if the Revenue Commissioners are automatically entitled to deduct DIRT from these deposits; if, in consultation with the Revenue Commissioners and the courts, he will put arrangements in place ensuring that DIRT will not be applied to awards invested by the courts on behalf of minors; and if he will make a statement on the matter. [13024/04]

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• Tax Code.

  xml · EN · 6 May 2004

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