Finance (Local Property Tax) Act 2012 section 112

Information to be provided to the Revenue Commissioners

Section 112 requires the Minister for Agriculture to report to Revenue the details of any local property tax deducted from agricultural scheme payments.

• The Minister for Agriculture must provide Revenue with particulars of local property tax (LPT) deducted from net scheme payments made to liable persons.
• The specific details to be reported are determined by Revenue.
• The timing and method of reporting are agreed between Revenue and the Minister.
• This ensures Revenue maintains a complete record of LPT collected through the deduction-at-source mechanism from agricultural payments.