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Farmland tax plans rejected by minister and farm groups

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ICMSA president John Comer

ICMSA president John Comer

ICMSA president John Comer

Suggestions that farmland should be subjected to a property tax, following a review of Ireland's taxation system by the EU, have been flatly rejected by both farm groups and the Minister for Agriculture, Simon Coveney.

The EU Commission's assessment of the Irish economy highlighted that "consideration should be given to broadening the tax base" in order to "support fiscal consolidation".

It included farmland in a list of property categories that were currently excluded from any form of tax.

However, Minister Coveney has already nailed his colours to the mast, stating that he was fundamentally opposed to the concept and that was not under consideration by the Government.

ICMSA president, John Comer, said that his association rejected "out of hand" even the most remote possibility that the property tax could be extended to farmland.

"Farmland is not an asset, it is a tool. We are taxed on our incomes in the same manner as everyone else.

"We already pay the property tax on our residences in the same way as everyone else," he said.

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