12-06-2014 01:28 AM | Ireland

Farmland tax plans rejected by minister and farm groups

Suggestions that farmland should be subjected to a property tax, following a review of Ireland's taxation system by the EU, have been flatly rejected by both farm groups and the Minister for Agriculture, Simon Coveney.

The EU Commission's assessment of the Irish economy highlighted that "consideration should be given to broadening the tax base" in order to "support fiscal consolidation".

It included farmland in a list of property categories that were currently excluded from any form of tax.
Full Story : Irish Independent