69 Deputy Michael Creed asked the Tánaiste and Minister for Finance the amount of revenue collected to date in 2007 arising from the decision of the Revenue Commissioners to subject the diversification fund arising from the close down of the sugar beet industry to income tax; and if the context of Budget 2008 he will treat the diversification fund as capital rather than income and therein clarify that the capital receipt is not arising from the disposal of an asset. [25870/07]

Summary

69 Deputy Michael Creed asked the Tánaiste and Minister for Finance the amount of revenue collected to date in 2007 arising from the decision of the Revenue Commissioners to subject the diversification fund arising from the close down of the sugar beet industry to income tax; and if the context of Budget 2008 he will treat the diversification fund as capital rather than income and therein clarify that the capital receipt is not arising from the disposal of an asset. [25870/07]

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• Tax Code.

  xml · EN · 25 October 2007

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