Results 8,641-8,660 of 27,019 for speaker:Michael Noonan

Written Answers — Department of Finance: NAMA Portfolio (29 Jan 2015)

Michael Noonan: I will expand upon my answer to Parliamentary Question No. 252 of 20 January 2015. I am advised by NAMA that of the approximately 14,000 completed residential units currently within the Agency's portfolio, approximately 9,000 are rented in the private rental market.  The remaining 5,000 are either (a) let or reserved for social housing or (b) are available on the open market...

Written Answers — Department of Finance: Sovereign Debt (29 Jan 2015)

Michael Noonan: Since May 2010, the euro area Member States and the International Monetary Fund (IMF) have been providing financial support to Greece through an Economic Adjustment Programme in the context of a sharp deterioration in its financing conditions. The Eurogroup agreed to activate stability support to Greece via bilateral loans centrally pooled by the European Commission. At year-end 31 December...

Written Answers — Department of Finance: EU Meetings (29 Jan 2015)

Michael Noonan: As I pointed out previously, my view is that when countries encounter difficulties, a process of negotiation is always better than one of conflict. Specifically in the case of euro area Member States, all programme negotiations have been conducted within the Eurogroup and Ecofin, with IMF involvement as appropriate.  My view is that these are the appropriate fora for resolving...

Written Answers — Department of Finance: Government Bonds (29 Jan 2015)

Michael Noonan: I propose to take Questions Nos. 56 and 59 together. The National Treasury Management Agency (NTMA) is responsible for borrowing on behalf of the Government. On 22 December 2014, the NTMA announced that it plans to issue €12 to €15 billion of long-term bonds over the course of 2015. As a first step in that process, the NTMA, on 7 January 2015, raised €4 billion...

Written Answers — Department of Finance: Tax Code (29 Jan 2015)

Michael Noonan: I have been advised by the Revenue Commissioners that the gross amounts listed on forms CA 24 filed with Revenue as property in the State passing under the will or intestacy of the deceased and as property outside the State passing under the will or intestacy of the deceased for the years 2008 to June 2010 are as set out below. Gross amounts of PropertyForm CA24 (€ million) Year ...

Written Answers — Department of Finance: VAT Rate Application (29 Jan 2015)

Michael Noonan: Due to the complexity of the question asked by Deputy Shortall it has not been possible to respond in the time available. I have asked my officials to work with their Revenue colleagues with a view to providing an answer to Deputy Shortall as soon as possible.

Written Answers — Department of Finance: Tax Yield (29 Jan 2015)

Michael Noonan: It is estimated that the place of supply changes will lead to a net gain to Ireland in VAT revenues of €100m in 2015 and 2016, €125m in 2017 and 2018 and €150m in 2019 and subsequent years.  The VAT estimate is graduated over four years because it was agreed at EU level during negotiations on the place of supply changes to include transitional measures.  The...

Written Answers — Department of Finance: Ministerial Appointments (29 Jan 2015)

Michael Noonan: In response to the Deputy, I can confirm that there were no representations in written or oral form received from this member seeking persons to be appointed to positions that fall under my remit since March 2011.

Written Answers — Department of Finance: Tax Rebates (28 Jan 2015)

Michael Noonan: I am advised by the Revenue Commissioners that Limerick District has written to the person concerned requesting the information necessary to determine whether any tax refund is due. On receipt of this information the matter will be dealt with as soon as possible.

Written Answers — Department of Finance: Tax Reliefs Eligibility (28 Jan 2015)

Michael Noonan: The exemption from Local Property Tax (LPT) based on "significant pyritic damage" was comprehensively dealt with in a number of Parliamentary Questions last year, including Questions no. 217 (8212/14) on 18/2/14, no. 121 (19698/14) on 30/4/14, no. 43 (26462/14) on 19/6/14, no. 14 (37016/14) on 2/10/14 and no. 38 (41718/14) on 5/11/2014. Section 10A of the Finance (Local Property Tax) Act...

Written Answers — Department of Finance: Tax Yield (28 Jan 2015)

Michael Noonan: I dealt comprehensively with the issue of profits and tax yields from the thoroughbred breeding industry, including stallion fees, in my recent replies to questions, including Questions 157 to 160 on 18 November last year and Question 177 on 9 December last.  In these replies, I explained that there was a range of variables associated with the stallions industry and that profits...

Written Answers — Department of Finance: Fuel Quality (28 Jan 2015)

Michael Noonan: I propose to take Questions Nos. 50 and 52 together. I am advised by the Revenue Commissioners, who are responsible for tackling fuel fraud, that they are very aware of the risks posed to consumers' vehicles, legitimate businesses and the Exchequer by all forms of fuel fraud. Revenue has, since last summer, received reports from a variety of locations around the country of problems relating...

Written Answers — Department of Finance: Banking Sector (28 Jan 2015)

Michael Noonan: I have been informed by Minister of State Harris that he met with Cathaoirleach and CEO of Leitrim County Council in November regarding the MBNA closure, there were also EI and IDA representatives present.  Minister of State Harris, in his role regarding international banking, is currently developing an International Financial Services Strategy.  A key feature of...

Written Answers — Department of Finance: Tax Data (28 Jan 2015)

Michael Noonan: The relevant report for the tax year 2012 was published and laid before the Oireachtas on Budget Day, 14 October 2014. A copy of the report can be found on the Department of Finance website at . In relation to the report for the tax year 2013, income tax returns for that year were filed in November 2014 and are currently being processed. As a result, the report for...

Written Answers — Department of Finance: Corporation Tax Regime (27 Jan 2015)

Michael Noonan: As myself, the Taoiseach and other members of the Government have repeatedly said, the 12.5% corporation tax rate is settled policy.  This position will not change. A competitive corporate tax rate is a tool to address the economic limitations that come with being a peripheral country, as compared to larger core countries. Ireland's corporation tax rate plays an important role in...

Written Answers — Department of Finance: Primary Medical Certificates Eligibility (27 Jan 2015)

Michael Noonan: As the Deputy is aware, a Primary Medical Certificate is required to claim the tax reliefs provided under the Disabled Drivers and Disabled Passengers (Tax Concessions) Scheme. The Senior Medical Officer for the relevant local Health Service Executive administrative area makes a professional clinical determination as to whether an individual applicant satisfies the medical criteria to...

Written Answers — Department of Finance: Tax Reliefs Availability (27 Jan 2015)

Michael Noonan: The travel pass (Tax Saver) scheme was introduced originally in Finance Act 1999 to encourage greater use of public transport by providing an exemption from BIK (Benefit-In-Kind taxation) for employer-provided bus and rail passes. While the scheme has proved very popular since its introduction it is not practical, in the current economic circumstances, to consider its extension in any...

Written Answers — Department of Finance: Legislative Measures (27 Jan 2015)

Michael Noonan: Among the measures announced in Budget 2014 was reform of the 'Role, functions and structure of the Office of the Appeal Commissioners, who hear appeals against assessments, decisions and determinations of the Revenue Commissioners on a variety of taxes, and of the tax appeals system'. The stated objective was "To ensure an enhanced and cost effective appeal mechanism for tax cases,...

Written Answers — Department of Finance: Bank Charges (27 Jan 2015)

Michael Noonan: As the Deputy is aware, I have no direct function in the relationship between banks and their customers.  I have no statutory function in relation to banking decisions made by individual lending institutions at any particular time as these decisions are taken by the board and management of the relevant institution. A Relationship Framework has been specified that defines the...

Written Answers — Department of Finance: Banking Sector Remuneration (27 Jan 2015)

Michael Noonan: The recruitment process for AIB's new Chief Executive Officer has only just commenced and the appointment to this position together with the relevant terms (including remuneration) will be a matter for the Board of the bank initially and then be subject to my consent.   As the Deputy will be aware, this Government's policy with respect to banking...