Dáil Éireann - Volume 637 - 05 July, 2007
Written Answers. - Sugar Beet Industry.
Deputy Mary Alexandra White Deputy Mary Alexandra White
Deputy Mary Alexandra White asked the Tánaiste and Minister for Finance if a decision has been made on the tax implications of the diversification aid to former sugar beet growers; and if due consideration has been given to the farmers request for a tax exemption on payments which they are to receive. [19606/07]
Deputy Brian Cowen Deputy Brian Cowen
Deputy Brian Cowen: I am informed by the Revenue Commissioners that they have decided that on the basis of all the information now available to them relating to the current proposals for the payment of diversification aid to former sugar beet growers to be drawn down within the framework of the National Restructuring Programme for Ireland, submitted to the EU Commission last December, payments to growers will be subject to income tax.
Any change in the tax status of the diversification aid payments to former sugar beet growers would be a matter for consideration in the context of budgetary policy.
Dáil Éireann 637 Written Answers. Sugar Beet Industry.