Oireachtas Joint and Select Committees

Tuesday, 24 June 2014

Joint Oireachtas Committee on Agriculture, Food and the Marine

Agri-Taxation Review: Discussion

3:50 pm

Mr. Sean Coughlan:

When one is developing a new business, every pound is a prisoner. Nobody wants to say he is avoiding tax or anything like that. The key metric Macra na Feirme is trying to get across is that we need to create economic activity. We know from the age profile of farmers that younger farmers will create this economic activity, especially in rural areas where it is most needed. That will lead to further taxation down the line and will broaden the tax base. Creating more economic activity will be a win-win for everyone involved.