Exemption of Certain Income From the Lease of Farmland

Posted by:

 

Section 664 of the Taxes Consolidation Act 1997 provides for a relief to be applied where farmland is let under a qualifying lease, by a qualifying lessor to a qualifying lessee.

 

 

Farmland:

The farmland must be in the State, and land used wholly or mainly for the purposes of husbandry.

 

Qualifying Lease:

A qualifying lease must be in writing, or evidenced in writing.  If the lease is ...

Continue Reading →
0