Income tax returns for minors?

If I buy Eur 1,000 worth of an Irish stock in the name of my 5yr old :

1. would there be a) tax returns to complete and b) tax to pay on dividends?

2. does anyone know what would happen to dividends since presumably he can't have a bank account?

Is this a crazy idea?!?

Unless the dividend income exceeded the normal income tax exemption limit (c. €5K p.a. right now) no income tax would be due as far as a I know:

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Dividends are often paid by cheque. Are you asking how can the cheque be lodged/cashed?

If/when the shares are sold at a profit then a CGT return and payment will presumably be required as normal?

"Dividends are often paid by cheque. Are you asking how can the cheque be lodged/cashed?"

Yep, I guess thats what I want to know

You can easily open an account on behalf of a minor into which the cheques can be lodged. For example Rabo definitely facilitate this with not much hassle. I have a Rabo account for the almost 3 year old nipper. I presume that other banks facilitate something similar.