Results 501-520 of 1,212 for speaker:Dara Murphy

Committee on Finance, Public Expenditure and Reform: Joint Sub-Committee on Global Corporate Taxation: Ireland's Corporate Tax System: (Resumed) KPMG and Unite (28 May 2014)

Dara Murphy: I welcome the delegates. Mr. Taft claimed that some countries with much higher effective rates of corporation tax than Ireland also have a much higher level of corporate investment. That is a rather nebulous statement. Will he explain what he means by "corporate investment"?

Committee on Finance, Public Expenditure and Reform: Joint Sub-Committee on Global Corporate Taxation: Ireland's Corporate Tax System: (Resumed) KPMG and Unite (28 May 2014)

Dara Murphy: Does it include investment by governments?

Committee on Finance, Public Expenditure and Reform: Joint Sub-Committee on Global Corporate Taxation: Ireland's Corporate Tax System: (Resumed) KPMG and Unite (28 May 2014)

Dara Murphy: Are we not talking about foreign corporate investment here?

Committee on Finance, Public Expenditure and Reform: Joint Sub-Committee on Global Corporate Taxation: Ireland's Corporate Tax System: (Resumed) KPMG and Unite (28 May 2014)

Dara Murphy: Does Mr. Taft accept that Ireland has the second highest figure per head of population for foreign direct corporate investment, after Singapore?

Committee on Finance, Public Expenditure and Reform: Joint Sub-Committee on Global Corporate Taxation: Ireland's Corporate Tax System: (Resumed) KPMG and Unite (28 May 2014)

Dara Murphy: I am asking a specific question to clarify the statement Mr. Taft made about corporate investment. The bottom line is that Ireland has an extremely high level of foreign direct investment.

Committee on Finance, Public Expenditure and Reform: Joint Sub-Committee on Global Corporate Taxation: Ireland's Corporate Tax System: (Resumed) KPMG and Unite (28 May 2014)

Dara Murphy: Mr. Taft described Ireland's effective corporate tax rate as being at the lower end of the scale. Does he accept that when any consumer looks at a price list, the items or services with the lower prices will be more attractive?

Committee on Finance, Public Expenditure and Reform: Joint Sub-Committee on Global Corporate Taxation: Ireland's Corporate Tax System: (Resumed) KPMG and Unite (28 May 2014)

Dara Murphy: Does he agree that this principle would apply to companies looking at effective tax rates in various jurisdictions? Mr. Taft said in response to questions from colleagues that the issue is not the effective corporate tax rate as such, but he certainly took a cut at it in his opening statement. Does Unite have many members working in foreign multinational companies?

Committee on Finance, Public Expenditure and Reform: Joint Sub-Committee on Global Corporate Taxation: Ireland's Corporate Tax System: (Resumed) KPMG and Unite (28 May 2014)

Dara Murphy: Mr. Taft made the point that Mr. O'Brien is representing the accounting and tax perspective, while Unite is taking a more macroeconomic position on these issues. Does he accept the basic economic principle of the law of diminishing returns? Does he accept, for example, that if we raise corporate tax rates, there is at least a potential risk in terms of the total revenue accrued?

Committee on Finance, Public Expenditure and Reform: Joint Sub-Committee on Global Corporate Taxation: Ireland's Corporate Tax System: (Resumed) KPMG and Unite (28 May 2014)

Dara Murphy: Does Mr. Taft then accept Mr. O'Brien's point that we should perhaps consider lowering the rate in order to compete with the United Kingdom?

Committee on Finance, Public Expenditure and Reform: Joint Sub-Committee on Global Corporate Taxation: Ireland's Corporate Tax System: (Resumed) KPMG and Unite (28 May 2014)

Dara Murphy: Why not?

Committee on Finance, Public Expenditure and Reform: Joint Sub-Committee on Global Corporate Taxation: Ireland's Corporate Tax System: (Resumed) KPMG and Unite (28 May 2014)

Dara Murphy: Why then are we seeing economic growth in the United Kingdom in the wake of the changes that have been introduced there? I am not suggesting we should necessarily follow that country's lead, but there is a principle to be clarified here. Mr. Taft seems very critical of our having a very low, competitive effective tax rate and he is not willing to accept that raising the rate would be a bad...

Committee on Finance, Public Expenditure and Reform: Joint Sub-Committee on Global Corporate Taxation: Ireland's Corporate Tax System: (Resumed) KPMG and Unite (28 May 2014)

Dara Murphy: I take that point. Other factors are the quality of the workforce, access to markets and so on. I am not disputing that. The other issue both of the delegates mentioned is the question of reputational damage. Is Mr. Taft really saying that there are people in other countries who decide not to buy Guinness or other Irish products because of our corporation tax rate? Does he not accept, on...

Committee on Finance, Public Expenditure and Reform: Joint Sub-Committee on Global Corporate Taxation: Ireland's Corporate Tax System: (Resumed) KPMG and Unite (28 May 2014)

Dara Murphy: Will Mr. Taft define "reputational damage"?

Committee on Finance, Public Expenditure and Reform: Joint Sub-Committee on Global Corporate Taxation: Ireland's Corporate Tax System: (Resumed) KPMG and Unite (28 May 2014)

Dara Murphy: I have already made the point about foreign direct investment.

Written Answers — Department of Environment, Community and Local Government: Housing Adaptation Grant Funding (27 May 2014)

Dara Murphy: 573. To ask the Minister for Environment, Community and Local Government when funding will be released to Cork City Council for adaptation works on local authority houses for persons with a disability in 2014 (details supplied); and if he will make a statement on the matter. [23327/14]

Written Answers — Department of Health: Nursing Homes Support Scheme Eligibility (27 May 2014)

Dara Murphy: 815. To ask the Minister for Health with regard to the nursing home support scheme, the reason the income of children and other relatives who live in the same house, is not taken into account; and if he will make a statement on the matter. [22703/14]

Written Answers — Department of Children and Youth Affairs: Child Care Services Funding (15 May 2014)

Dara Murphy: 281. To ask the Minister for Children and Youth Affairs the steps being taken on the funding crisis (details supplied); and if he will make a statement on the matter. [21954/14]

Written Answers — Department of Finance: Tax Code (6 May 2014)

Dara Murphy: 143. To ask the Minister for Finance if he will consider reducing the rate of deposit interest retention tax from 41% in 2014 on life insurance policies and investment funds back to 2012 levels of 30% in the near future; and if he will make a statement on the matter. [20009/14]

Written Answers — Department of Social Protection: Carer's Allowance Appeals (6 May 2014)

Dara Murphy: 254. To ask the Minister for Social Protection when a decision on a carer's allowance appeal will be made in respect of a person (details supplied) in County Cork; and if she will make a statement on the matter. [20186/14]

Written Answers — Department of Social Protection: Carer's Allowance Appeals (6 May 2014)

Dara Murphy: 266. To ask the Minister for Social Protection when a decision will issue on an appeal for carer's allowance in respect of a person (details supplied) in Dublin 24; and if she will make a statement on the matter. [20311/14]