Results 20,201-20,220 of 27,945 for speaker:Michael McGrath

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2019: Committee Stage (Resumed) (6 Nov 2019)

Michael McGrath: I move amendment No. 87: In page 97, between lines 26 and 27, to insert the following: "Report on operability of diesel rebate scheme for road transport operators 51. The Minister shall, within 3 months of the passing of this Act, prepare and lay before the Oireachtas a report on the suitability and operability of a diesel rebate scheme in section 41 and whether it is sufficient in...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2019: Committee Stage (Resumed) (6 Nov 2019)

Michael McGrath: I move amendment No. 88: In page 97, between lines 26 and 27, to insert the following: "Report on CO2limits on VRT relief for hybrid cars 51. The Minister shall, within 3 months of the passing of this Act, prepare and lay before the Oireachtas a report on CO2limits placed on vehicle registration tax relief for hybrid cars and the potential for pushing the date in which the restrictions...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2019: Committee Stage (Resumed) (6 Nov 2019)

Michael McGrath: The Minister referred to the "options" he considered. What options were on the table? I will come back in after he has dealt with this question.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2019: Committee Stage (Resumed) (6 Nov 2019)

Michael McGrath: The Minister said Revenue has encountered abuse of the treatment of these products from a VAT perspective. Will the Minister provide more detail on this? It seems from looking at the background to this that it is open to Revenue to continue to apply a zero rate to food supplements. Even if I look at the wrap up speech by the Minister of State, Deputy D'Arcy, on Second Stage of the Finance...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2019: Committee Stage (Resumed) (6 Nov 2019)

Michael McGrath: What has changed from the Revenue's perspective since the document came out? I think it came out through the freedom of information process. It was published in the Revenue's internal database in September 2006. The document states that Revenue's practice has been to treat certain food supplements as zero-rated for VAT. This was on the understanding that such supplements in themselves...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2019: Committee Stage (Resumed) (6 Nov 2019)

Michael McGrath: It is not for me to say whether that Revenue Commissioners' internal paper represents a legal basis, but it sets out what the practice of the Revenue Commissioners was. That has not been denied. It goes on to say that food supplements will generally continue to be zero rated. The position of the Revenue Commissioners has changed and that should be acknowledged. Perhaps the Revenue...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2019: Committee Stage (Resumed) (6 Nov 2019)

Michael McGrath: They were effectively already discussed.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2019: Committee Stage (Resumed) (6 Nov 2019)

Michael McGrath: I move amendment No. 91: In page 99, between lines 7 and 8, to insert the following: “Report on treatment of food supplements in terms of VAT 55.The Minister shall, within 3 months of the passing of this Act, prepare and lay before the Oireachtas a report on the treatment of food supplements in terms of VAT and whether they can be zero rated.”.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2019: Committee Stage (Resumed) (6 Nov 2019)

Michael McGrath: I move amendment No. 108: In page 100, between lines 34 and 35, to insert the following: “Report on feasibility of ‘grandfathering’ provision in respect of section 60 60. The Minister shall, within 3 months of the passing of this Act, prepare and lay before the Oireachtas a report on the feasibility of introducing a ‘grandfathering’ provision in respect...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2019: Committee Stage (Resumed) (6 Nov 2019)

Michael McGrath: I wish to flag that I may table amendments on Report Stage regarding the residential development stamp duty refund scheme, betting duty and issues associated with the sale of properties with tenantsin situ.

Written Answers — Department of Finance: Central Bank of Ireland (7 Nov 2019)

Michael McGrath: 50. To ask the Minister for Finance the position regarding the printing of euro banknotes here; and if he will make a statement on the matter. [45844/19]

Written Answers — Department of Finance: Tax Code (7 Nov 2019)

Michael McGrath: 56. To ask the Minister for Finance the number of flat rate expenses in the income tax system; the number of persons that have claimed under each classification; the cost under each classification; and if he will make a statement on the matter. [45980/19]

Written Answers — Department of Finance: Tax Code (7 Nov 2019)

Michael McGrath: 57. To ask the Minister for Finance the status of the review of flat rate expenses; if it is being undertaken by the Revenue Commissioners; when he expects the review to conclude; and if he will make a statement on the matter. [45981/19]

Written Answers — Department of Finance: Central Bank of Ireland Data (7 Nov 2019)

Michael McGrath: 58. To ask the Minister for Finance the number of on-site inspections undertaken by the Central Bank of credit servicing firms since the commencement of the Consumer Protection (Regulation of Credit Servicing Firms) Act 2018; the number of enforcement actions undertaken; the number of enforcement findings made; and if he will make a statement on the matter. [45982/19]

Written Answers — Department of Finance: Banking Sector Regulation (7 Nov 2019)

Michael McGrath: 59. To ask the Minister for Finance if the Central Bank is monitoring the operation of PSD2 in respect of online banking; if there are concerns that some online services have been disrupted based on the device used to access online banking; the list of devices that cannot be used for each bank; if he or the Central Bank has received assurances that access will be restored for customers; and...

Written Answers — Department of Finance: Banking Sector Data (7 Nov 2019)

Michael McGrath: 60. To ask the Minister for Finance if the Central Bank has data on online banking usage; the number of individual customers that use online banking by bank; the number of businesses that use online banking by bank; and if he will make a statement on the matter. [45984/19]

Written Answers — Department of Finance: Insurance Data (7 Nov 2019)

Michael McGrath: 61. To ask the Minister for Finance the progress on a price index for public and employer liability insurance; when prices will begin to be tracked over time; and if he will make a statement on the matter. [45985/19]

Written Answers — Department of Finance: Pharmaceutical Sector (7 Nov 2019)

Michael McGrath: 62. To ask the Minister for Finance if an analysis has been undertaken by his Department on the pharmaceutical industry; if patent expiration in the industry has been profiled; the potential impact of same on employment in particular regions; the potential of same to impact corporation tax receipts; and if he will make a statement on the matter. [45986/19]

Written Answers — Department of Finance: Pharmaceutical Sector (7 Nov 2019)

Michael McGrath: 63. To ask the Minister for Finance if the 2013 analysis undertaken on the impact of the patent cliff on pharma-chem output here has been updated; if the risks have been assessed for biological medicines; and if he will make a statement on the matter. [45987/19]

Written Answers — Department of Finance: Apple Escrow Account (7 Nov 2019)

Michael McGrath: 64. To ask the Minister for Finance the mechanism by which a company (details supplied) removed €190 million from the escrow account; the reason for the withdrawal; the person or body that requested the withdrawal; if the European Commission has been consulted; and if he will make a statement on the matter. [45990/19]