Taxation of Stallion Profits
Minister Lenihan has signed the Commencement Order (SI No. 160 of 2008) relating to the taxation of profits and gains arising from stallion stud fees. The new format for taxing stallion fees begins on 1 August 2008. This date had already been provided in FA07 s26 but was subject to a Commencement Order.
S.I. No. 160 of 2008 is reproduced at Section 2.09.