Cowen to review tax incentives

FINANCE Minister Brian Cowen confirmed yesterday his intention to undertake a complete review of the tax incentive schemes currently in operation.

The lack of tax on stallion fees is not part of the remit set out yesterday by the minister who announced his intentions during his first Budget speech in early December 2004.

Both his department and the Revenue Commissioners will examine the merits of schemes ranging from urban renewal to childcare facilities. The full list of breaks to be scrutinised are: