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:
- a book or other writing; (Bertie Ahern Claim)
- a play;
- a musical composition;
- a painting or other like picture, and
- 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
Type / Title
||BERTIE AHERN THE AUTOBIOGRAPHY
||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 “