Oireachtas Joint and Select Committees

Thursday, 14 February 2013

Joint Oireachtas Committee on Agriculture, Food and the Marine

Irish National Stud: Discussion with Chairman Designate

10:00 am

Photo of Andrew DoyleAndrew Doyle (Wicklow, Fine Gael) | Oireachtas source

Much fuss was made about tax designation for stallion nominations.

I am not asking Mr. Dempsey for a direct opinion. Regardless of whether there are tax incentives, it seems players such as Coolmore and the Maktoums will locate here for all the reasons, such as climate, he stated. For the smaller stallion owners, however, it would seem that there are tax incentives for artists and others, but I will be totally politically incorrect here and state that there should have been one if one wanted to nurture the sector - this goes across all owners of stallions, not only thoroughbreds. I say this as much for the sport horse sector, where we have lost significant ground in the area of show-jumping compared to where we were, and yet we still do quite well in eventing. Mr. Dempsey may have an opinion on it.

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