For the first time since Charles Haughey was finance minister, Ireland’s bloodstock industry will have to pay tax on its earnings, writes Ian Kehoe, Chief News Correspondent.
Almost 40 years after it was introduced, one of Ireland’s most controversial tax breaks enters its final furlong this week. The tax exemption on stallion profits - introduced by the then finance minister Charles Haughey in 1969 -is widely credited with transforming the Irish horse breeding...
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