Oireachtas Joint and Select Committees
Wednesday, 19 February 2014
Joint Oireachtas Committee on Transport and Communications
Proposed Merger: Irish Sports Council and National Sports Campus Development Authority
11:00 am
Mr. Kieran Mulvey:
I will respond to Deputy Helen McEntee on social philanthropy which is a matter for tax legislation. The Minister of State, Deputy Michael Ring, recently asked the multinationals in Ireland and Irish multinationals to make a contribution to sport, which is very important. They can do this as part of a social philanthropy programme. I also suggest prominent tax exiles who have an interest in sport also contribute, either on a long-term or a once-off basis. Tax relief is available on contributions made to universities and educational institutions. We have, for example, the O'Reilly Hall, the Sutherland School of Law and so forth. It is done with third level institutions, but it should also be done in the case of sports facilities. We need to be able to develop facilities around the country, including Tattersalls in Fairyhouse in order to be able to hold European eventing championships. We need to be able to develop facilities like those at the RDS, Millstreet and Cavan to develop the horse sport industry. A lot of competitors at the Olympic Games in London two years ago were Irish horse sport exports, including a horse ridden by a member of the British royal family.
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