Results 1,261-1,280 of 33,118 for speaker:Paschal Donohoe

Ceisteanna Eile - Other Questions: Trade Relations (13 Feb 2025)

Paschal Donohoe: Of course we need to do that. We have made efforts to do that in recent years and need to continue to do so. That is why changes with regard to carbon taxation continue to be essential. It is why changes that we will make in the time ahead to our PRSI system to ensure that our Social Insurance Fund is sustainably funded in the years ahead are really vital. As regards other things we need...

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Exchequer Returns (13 Feb 2025)

Paschal Donohoe: We got a real insight into the thinking of Deputy Tóibín and Aontú there. He characterised foreign direct investment as transitional investment in jobs. Is he going to tell the people who work for the semiconductor sector here that their jobs are transitional?

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Exchequer Returns (13 Feb 2025)

Paschal Donohoe: When he leaves Leinster House later, is he going to go down to the docks on the north side and the south side-----

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Exchequer Returns (13 Feb 2025)

Paschal Donohoe: It is what he is saying.

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Exchequer Returns (13 Feb 2025)

Paschal Donohoe: A moment ago he described that investment as transitional investment. I invite him to visit our life science sector, which is located across the length and breadth of Ireland-----

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Exchequer Returns (13 Feb 2025)

Paschal Donohoe: -----to go down to the financial services sector------

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Exchequer Returns (13 Feb 2025)

Paschal Donohoe: -----to go into the manufacturing jobs-----

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Exchequer Returns (13 Feb 2025)

Paschal Donohoe: -----that are located in his constituency and near it.

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Exchequer Returns (13 Feb 2025)

Paschal Donohoe: He should walk into those workplaces and tell those people that their jobs are transitional.

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Exchequer Returns (13 Feb 2025)

Paschal Donohoe: We got an insight into the thinking of Aontú there. The Deputy went on to say we are outsourcing our sovereignty. That is the thinking of the 1950s and 1960s. It is not the thinking that has enabled this country to grow its prosperity. It is not the approach that will help us navigate our way through the challenges that are there.

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: International Agreements (13 Feb 2025)

Paschal Donohoe: I thank the Deputy for his question on this very important topic. At least he has a recognition of the value of organisations like the OECD. As to where we are, as the Deputy outlined Ireland signed up to a global tax deal. We did so in October 2021, as he is aware. That was part of an overall inclusive framework on base erosion and profit shifting as part of the G20 and OECD agreement....

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: International Agreements (13 Feb 2025)

Paschal Donohoe: Our intent very much is to engage with the United States with a view to making the case to it for continued participation in the OECD framework. That is the outcome we will seek to achieve. I fully acknowledge the difficulties that will be there with regard to that given what President Trump and the Department of the Treasury have already indicated. Are we looking at what the consequences...

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: International Agreements (13 Feb 2025)

Paschal Donohoe: Any engagement with the new US Administration has been constrained by the fact that it is only making appointments at the moment. That has been the key issue. The new Secretary of the Treasury had his appointment ratified a number of weeks ago. Many of the other officeholders within the US Treasury, however, with whom both we and Europe will deal, are in the very early days of coming...

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Tax Reliefs (13 Feb 2025)

Paschal Donohoe: I absolutely appreciate the value of the 9% hospitality rate and the help it can offer to the hospitality sector. I understand that 9% is the rate that can have the biggest effect. The timing of this relates to the fact that it will be a significant move. If a move is made - and my view is that when we decide the scope of that move, it should be concentrated on the food and catering...

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Tax Reliefs (13 Feb 2025)

Paschal Donohoe: I understand the value of the 9% VAT rate. It is my intention to be able to deliver such a move, but such a move would entail a significant cost, which is why it needs to be part of the overall budget process. As to what that VAT rate will be applicable to, my view is that it can have the biggest impact on food and catering, as I made clear in my earliest answer to the Deputy. The...

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Exchequer Returns (13 Feb 2025)

Paschal Donohoe: That is not the question the Deputy put to me. The question he put to me-----

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Exchequer Returns (13 Feb 2025)

Paschal Donohoe: No. Let us be clear. The question the Deputy put to me, which is the question I will answer initially - I will go on to clarify - reads: "To ask the Minister for Finance if he will outline Exchequer returns and tax receipts for January 2025 ... " That is the question that was put to me, and I will answer it. I am happy then to elaborate beyond that on the further points the Deputy has...

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Exchequer Returns (13 Feb 2025)

Paschal Donohoe: The Deputy has been against every attempt to broaden the tax base. He is against all our attempts to do that. He is against carbon tax. He is against local property tax. I ask him not to stand up here and point out to me the dangers of a narrow tax base when he is against any efforts to widen it. He has been against our running budget surpluses, which are in place to deal with the very...

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Trade Sanctions (13 Feb 2025)

Paschal Donohoe: My Department, like finance Ministries elsewhere, is assessing the potential impact of tariffs on our economy. The assessment of our economic outlook, which will incorporate the latest developments in the global economy, will be set out in the spring forecast, which will be published in April. From an economic perspective, the US is our largest bilateral trading and investment partner....

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Trade Sanctions (13 Feb 2025)

Paschal Donohoe: As I said to the Deputy, the analysis with regard to this is under way. Owing to the uncertain environment we are in, it is appropriate that a number of weeks be taken to do this work. That work will be concluded and published in April. On the imposition of tariffs under the first President Trump Administration, two learnings emerged. First, the EU did respond. The EU has indicated it...