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Committee on Budgetary Oversight: Fiscal Assessment Report: Irish Fiscal Advisory Council (11 Jun 2019)

Pearse Doherty: Yes.

Committee on Budgetary Oversight: Fiscal Assessment Report: Irish Fiscal Advisory Council (11 Jun 2019)

Pearse Doherty: Is it not the case of "when" as opposed to "if" international changes will negatively impact on corporation tax?

Committee on Budgetary Oversight: Local Property Tax Review: Discussion (11 Jun 2019)

Pearse Doherty: Are we sticking to the LPT or can we range wider?

Committee on Budgetary Oversight: Local Property Tax Review: Discussion (11 Jun 2019)

Pearse Doherty: There is very little time. I will focus on the LPT. Could the Minister clarify why there would be an increase for 80% of householders? There will be an increase in cost even though the amount of money is supposed to remain the same. Could the Minister give us some insight into that because if we look at scenario one, which shows that 20% of householders would get a reduction and 80% would...

Committee on Budgetary Oversight: Local Property Tax Review: Discussion (11 Jun 2019)

Pearse Doherty: It is important when we look at scenario one because it is not really spelled out anywhere in the report. Every single county outside Dublin loses out. Dublin benefits by 23%. About €40 million will be stripped away from councils outside Dublin, which means services will have to be cut unless the Exchequer is willing to fill that hole. So option one creates a major problem for...

Committee on Budgetary Oversight: Local Property Tax Review: Discussion (11 Jun 2019)

Pearse Doherty: I welcome the Minister putting his view on the table. The Minister knows my view on the LPT. I believe it should be a completely different form where all assets are included. Notwithstanding that, we are dealing with this review. So the Minister's position is that he would choose none of the five options that have been presented by the review group. He would choose a variance of a number...

Committee on Budgetary Oversight: Local Property Tax Review: Discussion (11 Jun 2019)

Pearse Doherty: It is very difficult because we have a review with five different scenarios showing exactly what every local authority would win or lose. Deputy McGrath asked what the Minister wants from this committee. It is getting more bizarre as we speak because if option one is not on the table, that is a different scenario. Let me go the policy-----

Committee on Budgetary Oversight: Local Property Tax Review: Discussion (11 Jun 2019)

Pearse Doherty: Let me make a final point about the local property tax before getting into the Irish Fiscal Advisory Council's report. Before the Minister makes any determination on his options, these models should be provided for the committee in order that we would know who the winners and losers were, who would benefit and lose from a local authority's point of view. It is also important that the...

Committee on Budgetary Oversight: Local Property Tax Review: Discussion (11 Jun 2019)

Pearse Doherty: No.

Committee on Budgetary Oversight: Local Property Tax Review: Discussion (11 Jun 2019)

Pearse Doherty: I mentioned direct Exchequer funding.

Committee on Budgetary Oversight: Local Property Tax Review: Discussion (11 Jun 2019)

Pearse Doherty: Through having a proper asset tax.

Committee on Budgetary Oversight: Local Property Tax Review: Discussion (11 Jun 2019)

Pearse Doherty: That is not true.

Committee on Budgetary Oversight: Local Property Tax Review: Discussion (11 Jun 2019)

Pearse Doherty: No, it is the very thing Seamus Coffey has been consistently arguing for and the Minister knows he is wrong on that. Mr. Coffey has been critical of the fact the Minister has given an exemption on intellectual property rights. The Minister will also remember that I argued for an increase in VAT, albeit in a two-step manner. I made that argument one year before the Minister introduced the...

Committee on Budgetary Oversight: Local Property Tax Review: Discussion (11 Jun 2019)

Pearse Doherty: That is not true.

Committee on Budgetary Oversight: Local Property Tax Review: Discussion (11 Jun 2019)

Pearse Doherty: The Minister should correct the record on the Irish Fiscal Advisory Council's position on intellectual property rights because he knows he is wrong in that regard.

Written Answers — Department of Foreign Affairs and Trade: Registration of Births (28 May 2019)

Pearse Doherty: 46. To ask the Minister for Foreign Affairs and Trade when a foreign birth registration application by a person (details supplied) will be processed and original supporting documentation returned; and if he will make a statement on the matter. [22557/19]

Written Answers — Department of Finance: Tax Yield (28 May 2019)

Pearse Doherty: 57. To ask the Minister for Finance the estimated revenue that would be raised from the introduction of a wealth tax of 0.5%, 1% and 2%, respectively, on assets of €1 million in value and above with no exemptions in tabular form. [22474/19]

Written Answers — Department of Finance: Tax Yield (28 May 2019)

Pearse Doherty: 58. To ask the Minister for Finance the estimated revenue that would be raised from the introduction of a wealth tax of 0.5%, 1% and 2%, respectively, on assets of €1 million in value and above with an exemption of €250,000 per child in tabular form. [22475/19]

Written Answers — Department of Finance: Tax Yield (28 May 2019)

Pearse Doherty: 59. To ask the Minister for Finance the estimated revenue that would be raised from the introduction of a wealth tax of 0.5%, 1% and 2%, respectively, on assets of €1 million in value and above with exemptions for farmers in tabular form. [22476/19]

Written Answers — Department of Finance: Help-To-Buy Scheme Eligibility (28 May 2019)

Pearse Doherty: 60. To ask the Minister for Finance if the definition of "first-time buyer" for the purposes of the help-to-buy scheme is planned to cover cases in which a person has previously legally purchased a home but never held a beneficial interest in it, such as in a case in which the person acted as a trustee; and if he will make a statement on the matter. [22479/19]

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