Results 2,081-2,100 of 8,015 for speaker:Jonathan O'Brien

Select Committee on Jobs, Enterprise and Innovation: Companies Bill 2012: Committee Stage (5 Nov 2013)

Jonathan O'Brien: I would like to get some background information from the Minister of State. My amendment relates to Irish-registered non-resident companies. A report published in 1998, which tackled this problem, stated that a company must carry out some activity but did not state that the company should be managed or controlled within the State. A report by the Department of Finance in 1998 recommended...

Select Committee on Jobs, Enterprise and Innovation: Companies Bill 2012: Committee Stage (5 Nov 2013)

Jonathan O'Brien: That is fair enough. Do we know how many Irish registered non-resident companies exist within the State?

Select Committee on Jobs, Enterprise and Innovation: Companies Bill 2012: Committee Stage (5 Nov 2013)

Jonathan O'Brien: Is there a particular reason not to record those numbers? Is it for administrative purposes or is it too difficult to get that information?

Select Committee on Jobs, Enterprise and Innovation: Companies Bill 2012: Committee Stage (5 Nov 2013)

Jonathan O'Brien: I am happy enough to withdraw the amendments and revisit them on Report Stage once I receive that information.

Select Committee on Jobs, Enterprise and Innovation: Companies Bill 2012: Committee Stage (5 Nov 2013)

Jonathan O'Brien: I presume the amendment relates to company seals and authenticating them in the manner referred to in section 889.

Select Committee on Jobs, Enterprise and Innovation: Companies Bill 2012: Committee Stage (5 Nov 2013)

Jonathan O'Brien: Why is the reference to the publication of company names on all business letters sent by the company being taken out? Is there a reason they do not have to put publish company names and addresses on business letters?

Select Committee on Jobs, Enterprise and Innovation: Companies Bill 2012: Committee Stage (5 Nov 2013)

Jonathan O'Brien: When a company sends a business letter, it will not be under an obligation to include the company name and address. The section states: "A company—(a) shall display its name in a conspicuous position, in letters easily legible" and then refers to "all business letters of the company", which is the line the Minister of State proposes to delete.

Select Committee on Jobs, Enterprise and Innovation: Companies Bill 2012: Committee Stage (5 Nov 2013)

Jonathan O'Brien: Yes.

Select Committee on Jobs, Enterprise and Innovation: Companies Bill 2012: Committee Stage (5 Nov 2013)

Jonathan O'Brien: While I am not trying to be awkward and it is obvious we are consolidating legislation, from my reading of this, it is about the stamp duty that will be liable. By proposing to take out the wording, are we saying the Revenue will no longer adjudicate on any stamp duty liable? Is that what is being proposed?

Select Committee on Jobs, Enterprise and Innovation: Companies Bill 2012: Committee Stage (5 Nov 2013)

Jonathan O'Brien: Does this mean Revenue no longer adjudicates on stamp duty liability because we are moving to a self-assessment model?

Select Committee on Jobs, Enterprise and Innovation: Companies Bill 2012: Committee Stage (5 Nov 2013)

Jonathan O'Brien: I move amendment No. 33: In page 173, line 23, to delete "one, at least," and substitute "a majority".We will withdraw it and see if we can get the information. We do not know how many companies are registered and how many are non-resident. I presume the Minister of State does not have information on the number of companies that have only one director. Once I get that information I may...

Select Committee on Jobs, Enterprise and Innovation: Companies Bill 2012: Committee Stage (5 Nov 2013)

Jonathan O'Brien: I understand where Deputy Wallace is coming from but I also understand where the Minister of State is coming from. It is probably better addressed within employment law but perhaps the Government needs to look at that because there is no indication that we will address the area of employees under company law. The Minister of State comes from a county where we saw a pretty high-profile...

Select Committee on Jobs, Enterprise and Innovation: Companies Bill 2012: Committee Stage (5 Nov 2013)

Jonathan O'Brien: Is the Minister of State saying that on the online form a link will be provided to the duties? I agree with Deputy Wallace that it is important. Even the issue of voluntary directors is becoming more prevalent. Particularly in an area in which both myself and Deputy Wallace would have an interest such as the League of Ireland, we are seeing a lot more companies being run by supporters who...

Select Committee on Jobs, Enterprise and Innovation: Companies Bill 2012: Committee Stage (5 Nov 2013)

Jonathan O'Brien: I move amendment No. 64: In page 277, between lines 40 and 41, to insert the following:"(d) certificate of tax compliance,".Why is a certificate of tax compliance not included as one of the documents required to be submitted? The Bill provides that balance sheets, profit and loss accounts and other statements and notes be submitted. What is the reason a certificate of tax compliance is not...

Select Committee on Jobs, Enterprise and Innovation: Companies Bill 2012: Committee Stage (5 Nov 2013)

Jonathan O'Brien: I move amendment No. 66:In page 288, lines 20 and 21, to delete “or at such other place as the directors think fit”.On rereading it I believe subsection (2) of this section covers what I have proposed. We wanted to avoid information being held outside the State. I believe section 284(2) addresses that in stating that, "If accounting records are kept at a place outside the...

Select Committee on Jobs, Enterprise and Innovation: Companies Bill 2012: Committee Stage (5 Nov 2013)

Jonathan O'Brien: While obviously the expertise lies on the other side of the table, from my reading of the Bill it suggests that an Irish-registered company that is a holding company or a subsidiary of a company registered outside the State would be exempt from making returns. Is that the case?

Select Committee on Jobs, Enterprise and Innovation: Companies Bill 2012: Committee Stage (5 Nov 2013)

Jonathan O'Brien: I keep returning to Irish-registered but non-resident companies. In the case of an Irish-registered but non-resident company which is a holding company or a subsidiary company, and which is just based on activity and is managed and controlled outside the State, are we saying that the group accounts would cover the activities of the particular company that is registered within the State?...

Select Committee on Jobs, Enterprise and Innovation: Companies Bill 2012: Committee Stage (5 Nov 2013)

Jonathan O'Brien: Is every company registered in the State obliged to make returns regardless of whether it is a holding company or a subsidiary of a larger company that is non-resident?

Select Committee on Jobs, Enterprise and Innovation: Companies Bill 2012: Committee Stage (5 Nov 2013)

Jonathan O'Brien: Basically, yes.

Select Committee on Jobs, Enterprise and Innovation: Companies Bill 2012: Committee Stage (5 Nov 2013)

Jonathan O'Brien: I would like to sit down with the Minister of State or someone from the Department in order that they could explain exactly the position about the information I am looking for.