Kerry farmers battle Revenue over Co-op shares €20m tax bill | Business Post

Judgment is expected later this year in a long-running legal case between Revenue and a group of dairy farmers over an income tax bill on shares in Kerry Co-op that could exceed €20 million

Judgment is expected later this year in a long-running legal case between the Revenue Commissioners and a group of dairy farmers over an income tax bill on patronage shares in Kerry Co-op that potentially exceeds €20 million. The case, which was heard in the High Court last month, relates to the tax treatment of patronage shares received by almost 3,500 dairy farmers in Kerry during the years 2011, 2012 and 2013.€-EUR

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Watt’s €20m ‘letter of comfort’ raises hard questions | Business PostThe fact that the secretary-general at the Department of Health committed to spending €2 million per year of department money on Tony Holohan’s Trinity appointment without informing the minister will lead to more controversy
Source: businessposthq - 🏆 8. / 71 Read more »

Lakeland to penalise dairy farmers who keep growing herds | Business PostA&B pricing system, designed to discourage growth in milk production, will be introduced here by Co Cavan co-op from 2023
Source: businessposthq - 🏆 8. / 71 Read more »