Stud farmers face €40m tax bill in EU probe

Ann Cahill and Mary Dundon

Stud farmers face €40m tax bill in EU probe

Yesterday, EU Agriculture Commissioner Franz Fischler confirmed he had launched a probe after receiving a formal complaint about the Irish practice of granting tax-free status to stud fees.

“As the commission has concerns about the compatibility with State aid rules, this practice is being examined,” he said.

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