Results 29,981-30,000 of 36,188 for speaker:Pearse Doherty
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Taxation Agreements with Ukraine and Dominica: Motion (19 Sep 2013)
Pearse Doherty: Yes, we all acknowledge that automatic exchange is the best way forward and TIEAs have huge deficiencies. In the case of the latter, one must ask the right question and specify the correct information. If we are moving in the direction of automatic information exchange, as the Minister of State indicated, why then is a TIEA with Dominica being brought forward? Is it the case that we tried...
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Taxation Agreements with Ukraine and Dominica: Motion (19 Sep 2013)
Pearse Doherty: It makes sense that the State would generally seek the most extensive agreement possible. Is it the case then that an automatic exchange agreement with Dominica was sought but was not forthcoming and we have therefore entered into a TIEA, which is weaker but far better than what was there heretofore?
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Taxation Agreements with Ukraine and Dominica: Motion (19 Sep 2013)
Pearse Doherty: I am a little confused. We have established that the TIEA is the weakest rung on the ladder of the three forms of taxation information exchange, the spontaneous arrangement being in the middle and automatic exchange of information being generally the preferred option, including for this State. The question then naturally arises as to whether the Government sought in its negotiations with...
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Taxation Agreements with Ukraine and Dominica: Motion (19 Sep 2013)
Pearse Doherty: That is fine. I recognise that this is a two-way process and a very positive step forward in regard to the exchange of information, limited as the TIEA is in its effect. I agree that in all such negotiations we should be looking for automatic exchange of information. I have two further questions. The Minister of State indicated that 69 double taxation agreements have been concluded, five...
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Taxation Agreements with Ukraine and Dominica: Motion (19 Sep 2013)
Pearse Doherty: I thank the Minister of State.
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Taxation Agreements with Ukraine and Dominica: Motion (19 Sep 2013)
Pearse Doherty: I thank the Minister of State for attending the committee. He will note there is great interest in this subject. What has prompted the agreement with Dominica at this time? I ask the Minister of State to explain the background to this agreement. It is State policy to have as many double taxation arrangements as possible but I query why this agreement has been arranged now and the events...
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Taxation Agreements with Ukraine and Dominica: Motion (19 Sep 2013)
Pearse Doherty: Which state, Ireland or Dominica, was more eager to achieve this agreement?
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Taxation Agreements with Ukraine and Dominica: Motion (19 Sep 2013)
Pearse Doherty: The committee is dealing with the issue of corporation tax and countries which would have been deemed to be tax havens at one time but are no longer so because of the OECD criteria. Exchange of information is one of the aspects of efforts to avoid the definition of a tax haven. It was put to the committee that some of these areas have participated in what would be in reality cosmetic...
- Mortgage Arrears: Motion [Private Members] (18 Sep 2013)
Pearse Doherty: I will be moving an amendment to the motion.
- Mortgage Arrears: Motion [Private Members] (18 Sep 2013)
Pearse Doherty: While previous speakers spoke about hypocrisy, there cannot be enough debate in the Chamber about the mortgage arrears crisis. The more we debate the issues involved, the more we can come up with solutions. There is no perfect solution, however, because the crisis is too big, but by focusing on it I hope the Government and the Central Bank will be encouraged to act. It is welcome that the...
- Order of Business (18 Sep 2013)
Pearse Doherty: I wish to raise two issues with the Taoiseach. On the proposal that was agreed by the Cabinet on the banking inquiry, could he give the House an indicative timeframe as to when a committee will be appointed and established to hold the inquiry? I accept the terms of reference are in the gift of this House but I wish to hear whether the Taoiseach expects the inquiry to get under way this year...
- Order of Business (18 Sep 2013)
Pearse Doherty: I will finish on this point. The statutory requirement to have Second Stage passed will extend to January of next year. Why is it proposed to have only two days of debate on Second Stage, and is it the intention of the Government to guillotine the finance Bill? Could the Taoiseach give an assurance that the finance Bill, which will give effect to the budget – another tough budget as...
- Order of Business (18 Sep 2013)
Pearse Doherty: They were guillotined in previous years.
- Committee on Finance, Public Expenditure and Reform: Joint Sub-Committee on Global Corporate Taxation: Base Erosion and Profit Shifting: Discussion with Department of Finance and Revenue (18 Sep 2013)
Pearse Doherty: The committee discussed the effective tax rate quite a bit yesterday. It would be useful to put to Mr. Gary Tobin the point made yesterday by me and the professor from Trinity College. Mr. Tobin has not circulated his presentation but I assume it is the one that shows the effective tax rate in the State is 11.8%.
- Committee on Finance, Public Expenditure and Reform: Joint Sub-Committee on Global Corporate Taxation: Base Erosion and Profit Shifting: Discussion with Department of Finance and Revenue (18 Sep 2013)
Pearse Doherty: I fully agree. Another report shows the effective tax rate in this State is 6%. Other estimates are way higher. I ask my question because the Department relies on an effective tax rate of 11.8%. It provides information to the Minister that relies on a rate of 11.8%.
- Committee on Finance, Public Expenditure and Reform: Joint Sub-Committee on Global Corporate Taxation: Base Erosion and Profit Shifting: Discussion with Department of Finance and Revenue (18 Sep 2013)
Pearse Doherty: It is the World Bank study.
- Committee on Finance, Public Expenditure and Reform: Joint Sub-Committee on Global Corporate Taxation: Base Erosion and Profit Shifting: Discussion with Department of Finance and Revenue (18 Sep 2013)
Pearse Doherty: What figure is in the presentation Mr. Gary Tobin said he was going to circulate?
- Committee on Finance, Public Expenditure and Reform: Joint Sub-Committee on Global Corporate Taxation: Base Erosion and Profit Shifting: Discussion with Department of Finance and Revenue (18 Sep 2013)
Pearse Doherty: Very good. I do not believe anybody would believe multinationals are paying 14.4%.
- Committee on Finance, Public Expenditure and Reform: Joint Sub-Committee on Global Corporate Taxation: Base Erosion and Profit Shifting: Discussion with Department of Finance and Revenue (18 Sep 2013)
Pearse Doherty: It is a good effort anyway. Why does the Department or the office of the Revenue Commissioners not actually collect the information and analyse the profits of multinational companies? Why do they not examine the trend in transfer pricing, the growth in group holding companies and the number of incorporated non-resident accounts? If our effective tax rate is so close to the rate of 12.5%...
- Committee on Finance, Public Expenditure and Reform: Joint Sub-Committee on Global Corporate Taxation: Base Erosion and Profit Shifting: Discussion with Department of Finance and Revenue (18 Sep 2013)
Pearse Doherty: It would be very helpful if that information could be furnished to the committee.