Dáil debates
Thursday, 26 May 2005
Order of Business.
11:00 am
Brian Cowen (Laois-Offaly, Fianna Fail)
I understand that the work permit Bill will be published and dealt with this session. On tax relief schemes, I explained in the budget the circumstances and objectives of the review, which is comprehensive, covering all 23 schemes included in its terms of reference. It is appropriate to review the benefits derived from these schemes and the extent to which tax relief schemes may play a part in our continued economic and social development. We also have to strike a balance between the potential benefits to investors and the wider community benefit that derives from the operation of these schemes. These schemes have been a part of the economic policy of successive Governments of all political persuasions. I outlined in the House on that occasion the means by which we would proceed with this matter. Those consultancies have been appointed and will report to me in due course so that I can make preparations for my second budget. I do not wish to anticipate the deliberative process and the decisions the Government may make as a result of that process.
The Tánaiste has indicated publicly that she sees some merit in the possibility of private sector investments being made available for the purposes of providing services to the wider public. These matters will be part of the deliberative process considered by the Government when the specific proposals are brought forward. The issue will be considered in the budget after that review is completed.
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