Exemption of Certain Income From the Lease of Farmland

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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 not ...

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