Dáil debates
Tuesday, 15 October 2013
Financial Resolutions 2014
No. 3: Income Tax; No. 4: Income Tax
8:35 pm
Pat Rabbitte (Dublin South West, Labour) | Oireachtas source
I assure Deputy Moynihan that there is no concern in the farming area in that regard. The same point was raised by Deputy Healy Rae in a different way - whether the real investors will be impeded. The answer to that question is "No". It is only in regard to an application to the passive investor. The real plant hire company that is eligible at the moment to benefit from the scheme will continue to be eligible to benefit from the scheme.
In regard to Deputy Naughten's question, as I understand it, subject to correction, it is not that the scheme has expired or closed. The issue the Deputy raised relates to the extension of the scheme to activities or enterprises not encompassed at the moment for a period of time. There is an application to that effect in Brussels and the indications are that it will be approved.
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