Revenue crackdown on ‘tree tax break’

20th September, 2015

The Revenue has launched a crackdown on high earners with forestry investments who are accused of abusing a “tree tax break”.

There are limits on the use of tax reliefs by people earning over €125,000 per year to ensure that they pay an effective tax rate of 30 per cent per year.

The tree tax break is supposed to be limited under this scheme.

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