Dáil debates

Tuesday, 27 March 2018

Ceisteanna - Questions (Resumed) - Priority Questions

Corporation Tax Regime

4:45 pm

Photo of Paschal DonohoePaschal Donohoe (Dublin Central, Fine Gael) | Oireachtas source

I have other objectives I need to fulfil in respect of the Irish banking system. The State and the Irish taxpayer own a very large share of the banking system overall. I want to see the State get back that money. I also want to be in such a position that the dividends these banks have begun to pay the Irish taxpayer are maintained in the future. We also have in place a banking levy which is recouping some value for the taxpayer. We live in a time when we are dealing with other issues within our banking system that matter to citizens. For example, I go back to the question which Deputy McGrath raised with me and which Deputy Doherty will raise again, that is, how we can get to a point at which we can reduce further the level of non-performing loans we have in our banking system without causing additional difficulty and stress to our citizens. Decisions such as those Deputy Doherty proposes have an effect on this. Amid his acknowledgement of all that is going wrong in our society at present - I acknowledge there is great difficulty - we are making progress in other areas. I want Irish taxpayers to be able to get back the money they invested in owning our Irish banking system.

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