Éamon Ó Cuív (Galway West, Fianna Fail)
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314. To ask the Minister for Finance his plans to introduce stamp duty relief on long-term land lease; and if he will make a statement on the matter. [29114/15]

Michael Noonan (Limerick City, Fine Gael)
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The Deputy will be aware that one of the recommendations of the Agri-taxation Review intended to encourage more productive use of farmland is that stamp duty relief be given in relation to certain leases of farmland.

Changes to the stamp duty provisions pertaining to farmland leasing provided for in the Finance Act 2014 are however subject to a commencement order pending State Aid approval by the European Commission.

Responsibility for discussions with the Commission in this regard lie with the Department of Agriculture, Food and the Marine.