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Archive for the ‘Artists Exemption’ Category

Bertie Ahern’s exemption from Tax

Extract taken from www.thestory.ie


The 2006 capping of the exempt income has – as artists’ lobby group, Visual Artists warned – resulted in some high-earning individuals moving their tax residency abroad. The most infamous case, of course being U2, who moved their tax residency to The Netherlands.

However, a stark majority stayed, obviously, as it’s almost always awkward to uproot.

Bertie Ahern’s claiming of the exemption is notable for two reasons, one perhaps less noteworthy than the other.

Firstly, it illustrates just how little civic responsibility the man feels for the situation the country finds itself in today, something that will surprise few. Ahern is already in receipt of a number of State pensions, these total more than €120,000. He also has use of a State car 24 hours a day, every day, which transports him wherever he wishes to go at no personal cost. On top of this he receives a TD’s salary of more than €100,000. He also earns, or has earned, considerable amounts from private speaking engagements, though it is said business is slow these days for ‘the architect of the Celtic Tiger’. In short, he’s not in search of a few pence to rub together, unlike many PAYE workers and private sector taxpayers as of late. Still, he actively sought the exemption on a book ghost-written by Richard Aldous for which Ahern received more than €400,000 in an advance when he could have left the money in the nation’s coffers. This is where, I argue, it is needed and should be. He did so knowing it would cause controversy and offense.

A well written article indeed well done

However I beg to differ on one small point

I do not believe that anybody having earnings over the average industrial wage should be able to avail of this exemption from income tax , period!

There should be a ban on all public servants from gaining financially from their knowledge of having being a Public servant

Just my humble opinion!

Artists Exemption for (Bertie Ahern)

Artists Exemption

Another whip around for Bertie Ahern!

What a con!

Income earned by writers, composers, visual artists and sculptors from the sale of their works is exempt from income tax in Ireland in certain circumstances.

Section 195, Taxes Consolidation Act, 1997 empowers the Revenue Commissioners to make a determination that certain artistic works are original and creative works generally recognised as having cultural or artistic merit. Earnings derived from such works are exempt from income tax from the year in which the claim was made.

Guidelines have been drawn up by the Arts Council and the Minister for Arts, Sport and Tourism, with the consent of the Minister for Finance, for determining for the purposes of Section 195 whether a work is an original and creative work and whether it has, or is generally recognised as having, cultural or artistic merit. The Revenue Commissioners may consult with a person or body of persons, such as The Arts Council, which may be of assistance to them in reaching decisions in relation to Artists Exemption.

The scheme provides that the Revenue Commissioners can make determinations in respect of artistic works in the following categories only:

  1. a book or other writing; (Bertie Ahern Claim)
  2. a play;
  3. a musical composition;
  4. a painting or other like picture, and
  5. a sculpture.

Claimants for Artists Exemption must be resident, or ordinarily resident and domiciled, in the State and not resident elsewhere. The Revenue Commissioners are prepared to give advance opinions regarding a work of claimants resident abroad. If these claimants receive a favourable advance opinion, they will normally then be given a formal determination in respect of Artists Exemption on taking up residence in the State and meeting the other residence requirements.

I found this when looking around the Revenue site



 

Artists Exemption – Section 195 Taxes

Consolidation Act, 1997
Individuals who received a favourable determination during the period 01 April 2002 to 31 December 2009. The list is set out alphabetically in each of the five categories. It should be noted that this list is updated on a quarterly basis.

A BOOK OR OTHER WRITING (CATEGORY A )

 

Individuals who received a favourable determination 

Name  

Type / Title  

AHERN BERTIE  BERTIE AHERN THE AUTOBIOGRAPHY 
AHERN CECELIA  PS I LOVE YOU 

 

Looks like Ahern has again successfully coned the Taxpayers of this country

Why anybody would buy this book, there must be a lot of empty pages in it as this is the same guy that claimed before a tribunal he couldn’t remember anything!

He remains  in the words of his Boss ,“most devious of them all “

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