Mr. John Enright:

Our concerns about stamp duty, capital gains tax and capital acquisitions tax relate to the farm business. Where there is a young farmer taking over a farm or where a farmer wishes to re-invest in his business we must allow them to do that in as tax efficient a way as possible. On a daily basis we encounter members who raise issues about the taxation system. They might want to do something such as reduce farm fragmentation, and report after report has said that farmers should reduce fragmentation, or they might wish to make investments, but they find that the structure of the taxation system prevents them from doing so. Our concern is that the taxation system in respect of those three taxes be examined to allow sensible investments to go ahead.