Written answers
Thursday, 20 December 2012
Department of Agriculture, Food and the Marine
Tax Code
Brendan Griffin (Kerry South, Fine Gael)
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To ask the Minister for Agriculture, Food and the Marine his views on stamp duty (details supplied); and if he will make a statement on the matter. [57488/12]
Simon Coveney (Cork South Central, Fine Gael)
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I am pleased to inform the deputy that there was no decision to abolish the relief on stamp duty on land transfers for young farmers. This important relief was due to end this year but is once again being extended. The relief plays a vital role in encouraging the timely inter-generational transfer of family farms. Irish and EU agricultural and rural development policies are consistent in providing support and encouragement for the transfer of farms to young farmers.
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