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Ireland · Question · written

PQ 164

184 Deputy Aodhán Ó Ríordáin asked the Minister for Finance in view of the fact that the transitional measure in the 2007 Finance Act has become a significant tax shelter for stallion owners in which large numbers of breeders will not have paid or not be paying tax on stallion fees for at least four years, 2008 to 2012, if he will justify this exceptionally favourable tax treatment in view of the fact that the country has been gripped in an economic crisis since 2008; if he will move to close this loophole in the 2007 Finance Act; and if he will make a statement on the matter. [18875/11]

askedIreland· Dáil Éireann· EN

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5 July 2011

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5 July 2011

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184 Deputy Aodhán Ó Ríordáin asked the Minister for Finance in view of the fact that the transitional measure in the 2007 Finance Act has become a significant tax shelter for stallion owners in which large numbers of breeders will not have paid or not be paying tax on stallion fees for at least four years, 2008 to 2012, if he will justify this exceptionally favourable tax treatment in view of the fact that the country has been gripped in an economic crisis since 2008; if he will move to close this loophole in the 2007 Finance Act; and if he will make a statement on the matter. [18875/11]

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