Results 10,281-10,300 of 12,388 for speaker:Paul Murphy

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Scrutiny of EU Legislative Proposals (6 Dec 2016)

Paul Murphy: If Ireland is not a tax haven how is it that the top ten companies in Ireland between 2008 and 2012 paid 24% of corporation tax, presumably generating 24% of corporation profits and are responsible for less than 1% of employment? The Revenue Commissioners have provided a table showing that each worker of that 1% is associated with €7.7 million worth of corporation tax which if they...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Scrutiny of EU Legislative Proposals (6 Dec 2016)

Paul Murphy: That is the point I am making here, which relates to the common consolidated corporate tax base, CCCTB. Profits are being booked in Ireland and tax is being paid on them at a relatively low level that is unlikely to have been made here. Are workers at the top ten companies in Ireland really making €62 million in profit a year for their companies or, and this is precisely what in my...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Scrutiny of EU Legislative Proposals (6 Dec 2016)

Paul Murphy: There is a real debate to be had about how to apportion it absolutely and the balance between labour assets and sales, that is a fair point. It is also, however, clear that companies are able to take advantage of the fact that there is no common way of assessing corporation tax. I get the impression that Revenue and the Department of Finance have not made any assessment of the impact this...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Scrutiny of EU Legislative Proposals (6 Dec 2016)

Paul Murphy: I do not know which report referred to the potential FDI loss of 4.6%.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Scrutiny of EU Legislative Proposals (6 Dec 2016)

Paul Murphy: Was that on everything or just the €750 million plus?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Scrutiny of EU Legislative Proposals (6 Dec 2016)

Paul Murphy: That is not the witnesses' analysis so they can take it or not. How does the argument that Ireland is not a tax haven tally with the idea that if we come up with a common consolidated corporate tax base, FDI will drop by almost 5%? If corporations are not here to avoid paying taxes why, if we have a different way of allocating taxes across Europe and where they are paid, would FDI drop?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Scrutiny of EU Legislative Proposals (6 Dec 2016)

Paul Murphy: It will be the same anywhere in the EU. That is the point. They will be the same sort of activities, no matter where they set themselves up, or they will pay on the same base.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Scrutiny of EU Legislative Proposals (6 Dec 2016)

Paul Murphy: Why then would FDI fall?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Scrutiny of EU Legislative Proposals (6 Dec 2016)

Paul Murphy: It has nothing to do with the rate.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Scrutiny of EU Legislative Proposals (6 Dec 2016)

Paul Murphy: Even Brazil believes Ireland is a tax haven but that is a debate we can have. Tax competition is harmful for public services and for tax revenue across the world. The only winners from the ideology of tax competition are the corporations that get away with not paying tax. If there were CCCTB, with a threshold of €750 million plus or an arrangement right across the board, would it...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Scrutiny of EU Legislative Proposals (6 Dec 2016)

Paul Murphy: I thank Mr. Zuijdendorp for his presentation. The Commission issued a fact sheet entitled Questions and Answers on the package of corporate tax reforms on 25 October 2016. That document argues that a common consolidated corporate tax base, CCCTB, will "reduce harmful tax competition". Does Mr. Zuijdendorp regard Ireland as one of the EU states that is engaged in harmful tax competition?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Scrutiny of EU Legislative Proposals (6 Dec 2016)

Paul Murphy: Regarding the limiting of the proposals to company groups with turnover in excess of €750 million, what percentage of total profits in the EU does that capture and what is the rationale for it? If the rationale is transactional costs and so forth for smaller companies that cannot avail of this kind of tax avoidance in any event, why would some opt to engage in it?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Scrutiny of EU Legislative Proposals (6 Dec 2016)

Paul Murphy: What has been the engagement with the Irish authorities on this so far? The witnesses said that it would send a very important signal if Ireland were to constructively engage on this file. Is there a suggestion there that Ireland has not constructively engaged on the file thus far?

Written Answers — Department of Housing, Planning, Community and Local Government: Library Services Staff (6 Dec 2016)

Paul Murphy: 204. To ask the Minister for Housing, Planning, Community and Local Government his views on the roll-out of unstaffed libraries; his further views on the important role of library staff; and if he will make a statement on the matter. [38738/16]

Prisons (Solitary Confinement) (Amendment) Bill 2016: Second Stage [Private Members] (1 Dec 2016)

Paul Murphy: I thank Deputy Daly for bringing this Bill forward. We support it and, indeed, the call to ban solitary confinement altogether. In many circumstances it is a form of torture. The Government's response is very poor. It is unfortunate that it will not agree to support the Bill, but I will comment further on its response later. I will start with a quote from a man called Anthony Graves, who...

Questions on Proposed Legislation (1 Dec 2016)

Paul Murphy: I am not sure whether the Tánaiste will be aware of the reports of horrific abuse of greyhounds in Macau, which does not have animal welfare laws or retirement programmes for greyhounds. As a consequence, there have been significant protests in this country and the Australian Government has banned the export of greyhounds to Macau. When does the Tánaiste expect to have the...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland: Ulster Bank (1 Dec 2016)

Paul Murphy: That is fine. I endorse everything the Chairman said. I thank the witnesses for their presentation. On question 20, which asked that Ulster Bank provide in tabular form the number of employees who are on levels of remuneration of upwards of €100,000 per annum, why was this question not answered?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland: Ulster Bank (1 Dec 2016)

Paul Murphy: I understand that but Mr. Mallon chose not to answer the question. Is that a fair comment? He chose to answer a different question and provide again information that is in the public domain when we asked a specific question about the number of employees. I presume the bank has this information but it believes it is not in its interest to release it.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland: Ulster Bank (1 Dec 2016)

Paul Murphy: Mr. Mallon is not suggesting that if Ulster Bank went beyond the legal requirements, it would create a legal difficulty because that is obviously not the case. Mr. Mallon would be within his rights to give us the information we seek.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland: Ulster Bank (1 Dec 2016)

Paul Murphy: I am sure it would be easy to gather it if Ulster Bank wanted to do so. That is a matter for the witnesses to consider. In light of the discussion we had on small and medium enterprises and the treatment of people on tracker mortgages and some Ulster Bank staff who face redundancies, is it the case that Ulster Bank is embarrassed to show the extent of high pay among bank executives because...