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Written Answers — Department of Jobs, Enterprise and Innovation: IDA Portfolio (3 Nov 2016)

Mary Mitchell O'Connor: In order to support the achievement of IDA Ireland’s target of increasing investment to all regions outside of Dublin by 30%-40%, the Government announced – as part of Budget 2017 – an increase in the Agency’s capital funding of 22%, bringing its total capital budget to €137 million. This increased allocation will help the Agency to progress the next three...

Written Answers — Department of Jobs, Enterprise and Innovation: Company Data (3 Nov 2016)

Mary Mitchell O'Connor: The following is the number of companies that have been involuntarily struck off by the Companies Registration Office in each of the last three years: Year Number of companies involuntarily struck off 2015 3072 2014 7077 2013 6840 Information concerning the value of assets transferred to the State as a result of these strike-offs and any amounts that were subsequently reinstated to the...

Written Answers — Department of Jobs, Enterprise and Innovation: IDA Portfolio (3 Nov 2016)

Mary Mitchell O'Connor: As advised in my response to parliamentary question number 591 last week, the planned advance facility for Carlow is currently at site selection stage. Site selection is required because IDA Ireland does not currently hold any land in Carlow suitable for an advance facility and therefore needs to first identify an appropriate location before proceeding further. I am sure the Deputy will...

Written Answers — Department of Jobs, Enterprise and Innovation: Job Creation Targets (3 Nov 2016)

Mary Mitchell O'Connor: The goal of this Government is to support the creation of an additional 200,000 jobs by 2020 with 135,000 outside Dublin. These jobs will be in both the manufacturing and services sector. This is a whole of Government effort and is delivered through our integrated Action Plan for Jobs. The Action Plan for Jobs is one of the Government’s key instruments to support job creation....

Written Answers — Department of Jobs, Enterprise and Innovation: Job Creation (3 Nov 2016)

Mary Mitchell O'Connor: I propose to take Questions Nos. 202 and 203 together. Innovation support makes a critical contribution to enterprise policy, and to the goal of developing a competitive national economy. By encouraging the development of new economic activities, Research, Development and Innovation policy-measures strengthen Ireland’s competitive advantage and build potential new areas of economic...

Written Answers — Department of Jobs, Enterprise and Innovation: Jobs Data (3 Nov 2016)

Mary Mitchell O'Connor: The Action Plan for Jobs is one of the Government’s key instruments to support job creation. The Action Plan for Jobs process is working. Since the first Plan was launched in early 2012, there are 176,800 more people at work bringing total employment in the State to 2,014,400 by end of June 2016. The goal of this Government is to support the creation of an additional 200,000 jobs...

Written Answers — Department of Jobs, Enterprise and Innovation: Jobs Data (3 Nov 2016)

Mary Mitchell O'Connor: The Action Plan for Jobs is one of the Government’s key instruments to support job creation. The Action Plan for Jobs process is working. Since the first Plan was launched in early 2012, there are 176,800 more people at work bringing total employment in the State to 2,014,400 by end of June 2016. The goal of this Government is to support the creation of an additional 200,000 jobs...

Written Answers — Department of Jobs, Enterprise and Innovation: Job Creation (3 Nov 2016)

Mary Mitchell O'Connor: Collaboration between job creation interests in the private and public sectors, together with the Higher Education Institutions, plays an important role in delivering on new ideas and initiatives to support job creation throughout the regions. In this context, the Regional Action Plans for Jobs are playing a significant role in the delivery of regional enterprise and employment growth, by...

Written Answers — Department of Jobs, Enterprise and Innovation: Knowledge Development Box (3 Nov 2016)

Mary Mitchell O'Connor: Ireland is the first country world-wide to introduce an OECD compliant Knowledge Development Box (KDB) offering. The certainty, predictability and clear signal that this sends to enterprise – including both Irish owned and foreign owned entities establishing and doing business from here - remains essential. The KDB, introduced in Budget 2016 forms part of Ireland’s competitive...

Written Answers — Department of Jobs, Enterprise and Innovation: Corporation Tax (3 Nov 2016)

Mary Mitchell O'Connor: The Programme for a Partnership Government sets out our clear commitment to retaining the 12.5% corporation tax rate. At 12.5% Ireland has one of the most competitive headline corporate tax rates in the OECD. Ireland’s corporate tax rate of 12.5% on trading income is an important part of the Government’s strategy of creating an enterprise friendly environment to support...

Written Answers — Department of Jobs, Enterprise and Innovation: Brexit Issues (3 Nov 2016)

Mary Mitchell O'Connor: While Brexit may certainly pose a large number of challenges for Ireland and our economy, it should not prevent us from maintaining a strong relationship with the authorities in Northern Ireland. My Department is continuing to work closely with its counterpart in Northern Ireland in support of InterTrade Ireland (ITI), the co-funded cross-border trade and business development body. ITI...

Written Answers — Department of Jobs, Enterprise and Innovation: Infrastructure and Capital Investment Programme (3 Nov 2016)

Mary Mitchell O'Connor: The future resilience of our economy will rely on the ability of our enterprises to compete effectively in international markets, to anticipate and respond to a changing global environment, and to anticipate and respond to customer demands for new products, services and solutions. Enterprise 2025 set out an ambitious strategy, with the objective of delivering growth that is sustainable, that...

Written Answers — Department of Jobs, Enterprise and Innovation: Departmental Bodies (3 Nov 2016)

Mary Mitchell O'Connor: The Coordination Group established within my Department and which consists of relevant enterprise, single market, and trade officials, together with the Chief Executive Officers of IDA and Enterprise Ireland, has met on five occasions to date this year. I chair this Group, and I will continue to do so as part of my Department’s ongoing response. A further four meetings of the group are...

Written Answers — Department of Jobs, Enterprise and Innovation: Trade Agreements (3 Nov 2016)

Mary Mitchell O'Connor: CETA was discussed at the Informal Trade Council meeting in Bratislava on 23 September 2016. Member States highlighted the high quality of the Agreement reached with Canada and reaffirmed their desire to work towards signature. At a further extraordinary meeting of the Trade Council on 18 October 2016, Trade Ministers did not agree to sign the Agreement. CETA was also discussed at the...

Written Answers — Department of Jobs, Enterprise and Innovation: Comprehensive Economic and Trade Agreement (8 Nov 2016)

Mary Mitchell O'Connor: The legal advice received by the Department of Jobs, Enterprise and Innovation confirms the Investment Court System model contained in the Comprehensive Economic and Trade Agreement (CETA), which will effectively be a dispute resolution process, would not give rise to Constitutional implications. It is important to recall that any such “court” or tribunal would arbitrate...

Written Answers — Department of Jobs, Enterprise and Innovation: Tax Code (8 Nov 2016)

Mary Mitchell O'Connor: I am informed by Revenue that Section 825A of the Taxes Consolidation Act 1997 (TCA) (as inserted by section 13 Finance Act 1998), which provides relief for trans-border workers, is confined only to employees holding certain employments outside the State. The scheme was originally introduced in response to concerns raised by cross border workers concerning the tax position of employees...

Written Answers — Department of Jobs, Enterprise and Innovation: Comprehensive Economic and Trade Agreement (8 Nov 2016)

Mary Mitchell O'Connor: The Comprehensive Economic Trade Agreement (CETA) is a high standard trade agreement which safeguards and promotes the EU’s norms and values. It is important to note that Independent Experts are part of what is known as the Special Procedures of the Human Rights Council. Special Procedures’ experts work on a voluntary basis and are not U.N. staff and serve in their individual...

Written Answers — Department of Jobs, Enterprise and Innovation: Commercial Property (8 Nov 2016)

Mary Mitchell O'Connor: The growth in demand for office accommodation is due in part to our continued success in attracting new foreign direct investment and the recovery in the economy more generally. The increasing demand as the economy returns to growth is having an impact on commercial offices rents in Dublin. Commercial rents for office space have increased since the end of 2012, following a period when office...

Written Answers — Department of Jobs, Enterprise and Innovation: Commercial Rent Reviews (8 Nov 2016)

Mary Mitchell O'Connor: The availability of cost effective and flexible property solutions continues to play a key role in supporting the delivery of FDI into Ireland. The agencies of my Department, in particular IDA Ireland, are in continuous dialogue with key stakeholders in the property market to ensure that the required competitive property solutions are available in the short and medium term. IDA has valuable...

Written Answers — Department of Jobs, Enterprise and Innovation: Brexit Issues (8 Nov 2016)

Mary Mitchell O'Connor: There is a whole of Government approach in place focusing on Brexit issues, and my Department and I, together with the Agencies under my remit, are to the forefront of this effort. Any changes in the UK’s relationship with the EU will present both challenges and opportunities for the Irish economy, and I am particularly aware of the challenges for the Irish SMEs, in regard to...

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