Results 14,641-14,660 of 35,893 for speaker:Pearse Doherty

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2018: Committee Stage (Resumed) (8 Nov 2018)

Pearse Doherty: I do not understand why that is the case. We have a high threshold. I think we can all accept that. What is the rationale for not reducing the threshold to perhaps €25 million?

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2018: Committee Stage (Resumed) (8 Nov 2018)

Pearse Doherty: I am not looking for a report because this does not warrant a report. It would just be an examination and acknowledgement of what the Comptroller and Auditor General has pointed out. This issue would be reviewed within Revenue. What I said earlier about recent changes in the high case division and how that is aligned must be borne in mind as well. I understand that may throw up some...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2018: Committee Stage (Resumed) (8 Nov 2018)

Pearse Doherty: We all know what we have to put down. I cannot table an amendment that does not call for a report and I could not table this issue unless it was written in that format. We know that and the Minister would have known that if he was the Opposition finance spokesperson. Those are the rules and these amendments would be ruled out of order otherwise. The spirit of this is to raise the issue...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2018: Committee Stage (Resumed) (8 Nov 2018)

Pearse Doherty: Not on the basis of what is being suggested.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2018: Committee Stage (Resumed) (8 Nov 2018)

Pearse Doherty: I move amendment No. 165:In page 142, between lines 19 and 20, to insert the following:“Report on denial of tax relief for landlords 60.The Minister shall, within 6 months of the passing of this Act, prepare and lay before Dáil Éireann a report on the denial of tax relief for landlords in respect of management fees that have not actually been paid or where tenancies have not...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2018: Committee Stage (Resumed) (8 Nov 2018)

Pearse Doherty: The point on registration with the RTB seems clear enough but in regard to the current practice where landlords are not paying management fees but are able to claim the tax deduction under Schedule D, case V, of the 1997 Act, they are able to claim deductibility. What protections do we have? The protections are really in regard to the management company. These payments are not being made...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2018: Committee Stage (Resumed) (8 Nov 2018)

Pearse Doherty: Exactly.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2018: Committee Stage (Resumed) (8 Nov 2018)

Pearse Doherty: I move amendment No. 166:In page 142, between lines 19 and 20, to insert the following: “Report on the use of contracting companies in entertainment industry 60.The Minister shall, within 6 months of the passing of this Act, prepare and lay before Dáil Éireann a report on the actions to be taken to prevent the use of contracting companies to avoid tax in the entertainment...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2018: Committee Stage (Resumed) (8 Nov 2018)

Pearse Doherty: I have been raising this issue for a number of years now. Britain had an appeal mechanism to deal with this practice. Individuals who were working for a broadcaster and claiming this company structure were not deemed to be employed directly by the company. If memory serves me correctly, they successfully appealed it in 2007 and therefore the issue has been dealt with, by and large. The...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2018: Committee Stage (Resumed) (8 Nov 2018)

Pearse Doherty: I move amendment No. 167:In page 142, between lines 19 and 20, to insert the following: "Report on maintaining Mortgage Interest Rate Relief 60. The Minister shall, within 6 months of the passing of this Act, prepare and lay before Dáil Éireann a report on maintaining the current Mortgage Interest Rate Relief until such time as mortgage interest rates are equivalent to the...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2018: Committee Stage (Resumed) (8 Nov 2018)

Pearse Doherty: I withdraw my amendment and look at it again before Report Stage.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2018: Committee Stage (Resumed) (8 Nov 2018)

Pearse Doherty: I move amendment No. 168:In page 142, between lines 19 and 20, to insert the following:“Report on re-introduction of Trade Union Tax Relief 60. The Minister shall, within 6 months of the passing of this Act, prepare and lay before Dáil Éireann a report on the re-introduction of Trade Union Tax Relief.”. I withdraw the amendment and retable it on Report Stage.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2018: Committee Stage (Resumed) (8 Nov 2018)

Pearse Doherty: I move amendment No. 169:In page 142, between lines 19 and 20, to insert the following:“Report on reform of Research and Development tax credit 60. The Minister shall, within 6 months of the passing of this Act, prepare and lay before Dáil Éireann a report on specific actions which may be taken to reform the Research and Development tax credit, which would control the cost...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2018: Committee Stage (Resumed) (8 Nov 2018)

Pearse Doherty: I welcome the Minister's assurance. Will he, as part of the review, examine how SMEs across the Border are treated when it comes to research and development? Will he consider whether the approach adopted in the North or an Irish version of same should be applicable to encourage and incentivise research and development in the SME sector?

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2018: Committee Stage (Resumed) (8 Nov 2018)

Pearse Doherty: I move amendment No. 170:In page 142, between lines 19 and 20, to insert the following:“Report on abolition of Local Property Tax 60. The Minister shall, within one month of the passing of this Act, prepare and lay before Dáil Éireann a report on options for the abolition of the Local Property Tax.”. I withdraw the amendment and retable it on Report Stage.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2018: Committee Stage (Resumed) (8 Nov 2018)

Pearse Doherty: I move amendment No. 171:In page 142, between lines 19 and 20, to insert the following:“Report on introduction of measures to combat hoarding of land 60. The Minister shall, within 6 months of the passing of this Act, prepare and lay before Dáil Éireann a report on the introduction of measures to combat the hoarding of land needed for development. The report will examine the...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2018: Committee Stage (Resumed) (8 Nov 2018)

Pearse Doherty: I disagree with the Minister that the report as proposed in this amendment does not need to take place and that more ambitious measures do not need to be taken. This ties in with the response of the Government to dealing with a major housing crisis. That being said, I withdraw this amendment and will seek to table it, or a version thereof, again on Report Stage.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2018: Committee Stage (Resumed) (8 Nov 2018)

Pearse Doherty: I move amendment No. 173:In page 142, between lines 19 and 20, to insert the following:“Report on impact of Irish Real Estate Investment Funds on residential property prices 60.The Minister shall, within 6 months of the passing of this Act, prepare and lay before Dáil Éireann a report on the impact of Irish Real Estate Investment Funds on residential property prices, and the...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2018: Committee Stage (Resumed) (8 Nov 2018)

Pearse Doherty: The Minister, in response to different parliamentary questions I have raised on this issue, has previously told me that the collection of data on some of the funds is waiting until 31 January 2019. At that point we will have a clear picture of where we are. Can the Minister confirm that the paper he has spoken about, which will be published, will include the impact on property prices, the...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2018: Committee Stage (Resumed) (8 Nov 2018)

Pearse Doherty: The Minister will look at this on an aggregate level. Is his intention to define or tell us the effective tax rates of the real estate investment trust, REIT, structure, for example, as opposed to identifying specific companies?