Results 7,141-7,160 of 35,617 for speaker:Pearse Doherty

Committee on Budgetary Oversight: Fiscal Assessment Report: Irish Fiscal Advisory Council (1 Jun 2022)

Pearse Doherty: That is fair enough. In its report, the council does guide us along the way with some of the boxes, including boxes E-1 and E-2 and the impact of inflation on Government revenue. Will Mr. Barnes talk us through, in simple terms, what this means. For example, are the figures in table E-2 the total amount of additional revenue the State is bringing in as a result of the increased inflation...

Committee on Budgetary Oversight: Fiscal Assessment Report: Irish Fiscal Advisory Council (1 Jun 2022)

Pearse Doherty: Overall, on the basis of no policy change, and given what we were looking at last year compared to now as a result of increased inflation, will Mr. Barnes explain what the numbers in these tables reflect? For example, table E-2 refers to this year's income tax of €1.4 billion, social contributions of €613 million and VAT of €202 million.

Committee on Budgetary Oversight: Fiscal Assessment Report: Irish Fiscal Advisory Council (1 Jun 2022)

Pearse Doherty: Are the factors that lead to this €2 billion improvement outlined in table E-1: nominal compensation of employees; nominal personal consumption, which is in the negative territory; nominal building and construction, which as we know is also very high; and the inflation rate? Is it correct to say that it is very much in the area of inflation?

Committee on Budgetary Oversight: Fiscal Assessment Report: Irish Fiscal Advisory Council (1 Jun 2022)

Pearse Doherty: I do not have the reference here, so correct me if I am wrong. In the report the council refers to the measures the Government has introduced since the start of the year which is the €1.1 billion, and then we had the VAT extension, which is about €200 million. The council makes the point that this is less than the bump in tax revenues the State is generating as a result of...

Committee on Budgetary Oversight: Fiscal Assessment Report: Irish Fiscal Advisory Council (1 Jun 2022)

Pearse Doherty: I presume my time is short but I have a final question.

Committee on Budgetary Oversight: Fiscal Assessment Report: Irish Fiscal Advisory Council (1 Jun 2022)

Pearse Doherty: I am sorry. My final question relates to the commentary in the report and the analysis on the cost of accommodating Ukrainian refugees. To be fair to the council, there are two things the council has pointed out. The council questions the level of refugee numbers that will come into the State, which had been estimated at an upper level of 100,000 or 80,000 this year. The council also...

Committee on Budgetary Oversight: Fiscal Assessment Report: Irish Fiscal Advisory Council (1 Jun 2022)

Pearse Doherty: Will Mr. Casey repeat that?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Use of Section 110 by Russian Firms: Dr. Jim Stewart (1 Jun 2022)

Pearse Doherty: I welcome Dr. Stewart to the committee once again. A number of questions that I am interested in have already been asked. I have a question about the issue of tax residency. We know the challenges in defining tax residency, where they arose in the Apple case and the so-called stateless income tax strategy that was in operation at that time. Some argue that the tests of tax residency in...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Use of Section 110 by Russian Firms: Dr. Jim Stewart (1 Jun 2022)

Pearse Doherty: Would I be right to assume that the only or best way to deal with this is through an OECD process and that there has to be a common approach to this at global level? What is Dr. Stewart's view of a regime such as section 110 which facilitates a type of tax neutrality? Is that in step with the OECD's BEPS process for dealing with corporation tax, minimum effective rates and addressing base...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Use of Section 110 by Russian Firms: Dr. Jim Stewart (1 Jun 2022)

Pearse Doherty: I thank Dr. Stewart. I refer to the financial crisis and the steps that were taken in the aftermath of the financial crisis of 2008. The Financial Crisis Inquiry Commission was set up in the US in the wake of that crisis. That inquiry commission identified shadow banking as a significant contributory factor to the crisis. Returning to today, a fortnight ago the Financial Timescarried a...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Use of Section 110 by Russian Firms: Dr. Jim Stewart (1 Jun 2022)

Pearse Doherty: Regarding the size of the shadow banking sector in Ireland, in his opening statement Dr. Stewart identified assets in excess of €1 trillion, which is enormous. The banking assets held by section 110 companies are staggering. Given the problem of that, there is very little research into how our shadow banking sector is operating. The Committee on Budgetary Oversight wanted to examine...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Use of Section 110 by Russian Firms: Dr. Jim Stewart (1 Jun 2022)

Pearse Doherty: As Dr. Stewart said, these section 110 special purpose vehicles do not employ anyone. There is no contribution to income tax, PRSI or USC, nor do they pay any corporation tax because their interest payments can be used to write down taxable profits. They do not pay any dividend withholding tax, capital gains tax or stamp duty. In an Irish context, the real beneficiaries are the...

Rising Food Prices: Motion (Resumed) [Private Members] (31 May 2022)

Pearse Doherty: I thank everybody who contributed to the debate. In particular, I commend Deputy Kerrane on tabling the motion and on championing this issue on behalf of hundreds of thousands of workers and families who continue to struggle in the face of a cost-of-living crisis. They see it in the price of food, energy and other essentials, which continues to rise. They see their bank balances struggle...

Written Answers — Department of Transport, Tourism and Sport: Bus Éireann (31 May 2022)

Pearse Doherty: 128. To ask the Minister for Transport, Tourism and Sport the reason the route 30 at 7 a.m. and x30 at 8.30 a.m. Bus Éireann services from Donegal town to Dublin did not operate on 22 May 2022; the operational issues which led to these cancellations; the back-up and or preventative measures that were in place in case of such operational issues arising; the steps taken by Bus Éireann...

Written Answers — Department of Finance: Tax Reliefs (31 May 2022)

Pearse Doherty: 165. To ask the Minister for Finance the time limit, or minimum length of time for which a person has lived in a property before selling, in order to qualify for principal private residence relief; and if he will make a statement on the matter. [27301/22]

Written Answers — Department of Finance: Tax Code (31 May 2022)

Pearse Doherty: 166. To ask the Minister for Finance if he will introduce a vacant property tax through provisions in the upcoming Finance Bill 2022, consistent with comments made by the Minister for Housing, Local Government and Heritage; and if he will make a statement on the matter. [27350/22]

Written Answers — Department of Finance: Tax Code (31 May 2022)

Pearse Doherty: 169. To ask the Minister for Finance his views on the implementation of the Organisation for Economic Co-operation and Development/G20 Inclusive Framework Agreement on base erosion and profit-shifting; his views on the implementation of the agreement within the agreed timelines; and if he will make a statement on the matter. [27488/22]

Written Answers — Department of Foreign Affairs and Trade: Passport Services (31 May 2022)

Pearse Doherty: 320. To ask the Minister for Foreign Affairs and Trade if a passport will process in time for intended travel (details supplied); and if he will make a statement on the matter. [27578/22]

Written Answers — Department of Foreign Affairs and Trade: Passport Services (31 May 2022)

Pearse Doherty: 328. To ask the Minister for Foreign Affairs and Trade when passport applications will be processed for siblings (details supplied) in County Donegal; and if he will make a statement on the matter. [27711/22]

Written Answers — Department of Foreign Affairs and Trade: Passport Services (31 May 2022)

Pearse Doherty: 315. To ask the Minister for Foreign Affairs and Trade if passports will issue for a family (details supplied) in time for their travel date on 22 June 2022 and posted to their home address in County Derry; and if he will make a statement on the matter. [27541/22]