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Ireland · Question · written

PQ 182

247 Mr. Ring asked the Minister for Finance if he will ensure that no capital gains tax arises on the disposal of farmland to a local authority for road building or road widening purposes, provided that the proceeds of the compensation are reinvested in farm business assets or to fund retirement income; and his views on introducing this measure in budget 2007. [36457/06]

askedIreland· Dáil Éireann· EN

Introduced

7 November 2006

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written

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7 November 2006

Summary

247 Mr. Ring asked the Minister for Finance if he will ensure that no capital gains tax arises on the disposal of farmland to a local authority for road building or road widening purposes, provided that the proceeds of the compensation are reinvested in farm business assets or to fund retirement income; and his views on introducing this measure in budget 2007. [36457/06]

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