Results 22,841-22,860 of 27,019 for speaker:Michael Noonan

Written Answers — Department of Finance: Banking Sector (18 May 2016)

Michael Noonan: This Government is very committed to dealing with mortgage arrears and providing support for borrowers that find themselves in that situation. This is evidenced by the range of commitments contained in the Programme for A Partnership Government which will provide renewed impetus for dealing with the issue particularly for those borrowers in long-term arrears.   The...

Written Answers — Department of Finance: Fiscal Policy (18 May 2016)

Michael Noonan: It is a matter of choice for savers as to how they choose to save their personal funds.  At present, there are a wide variety of options, including commercial banks, credit unions, the post office, and other savings and investment products from which savers can select.  The State cannot dictate how savings are utilised but the NTMA through State Savings...

Written Answers — Department of Finance: Credit Availability (18 May 2016)

Michael Noonan: The Deputy will be aware that in my role as Minister for Finance I have no direct function in the relationship between the banks and their customers. I have no statutory function in relation to the banking decisions made by individual lending institutions at any particular time; these are taken by the board and management of the relevant institution. This includes decisions in relation to...

Written Answers — Department of Finance: Property Tax Administration (18 May 2016)

Michael Noonan: In his report on his review of the Local Property Tax which was published on Budget Day 2015, Dr Thornhill makes a number of recommendations. His central recommendation is for a revised system whereby a minimum level of LPT revenues in each local authority area would be determined by Government, ideally having regard to the apportionment between local authority areas of the historic yield....

Written Answers — Department of Finance: Financial Services Regulation (18 May 2016)

Michael Noonan: Irish law firms have a role in advising companies establishing themselves in this country on how to comply with Irish company law and financial regulatory requirements. I am not however in a position to comment upon their global standing or otherwise. The Panama papers contain a large volume of information about individuals, companies and firms around the world. My understanding is that...

Written Answers — Department of Finance: Departmental Functions (18 May 2016)

Michael Noonan: My Department facilitated the costings of certain proposals during the discussions with independent TDs and groups on the formation of Government. These costings, in the following table, were provided to the Department of an Taoiseach, which had overall responsibility for coordinating this exercise. INCOME TAX Full-Year cost Comments – Revenue & DoF A new provision whereby...

Written Answers — Department of Finance: NAMA Staff Unauthorised Disclosures (18 May 2016)

Michael Noonan: Employees assigned by the NTMA to NAMA are bound by a number of statutory obligations in respect of the confidentiality of information to which they have access by virtue of their employment by NAMA. These include obligations imposed under Section 14(1) of the National Treasury Management Agency Act 1990 and under Section 202 of the NAMA Act 2009. Staff assigned to NAMA are also subject to...

Written Answers — Department of Finance: NAMA Staff Unauthorised Disclosures (18 May 2016)

Michael Noonan: I propose to take Questions Nos. 61 to 63, inclusive, 69 and 70 together. NAMA notified the Data Protection Commissioner in Autumn 2012. I am advised that, following consultation with the Office of the Data Protection Commissioner, NAMA has followed best practice as set out in the Data Protection Commissioner's Code of Practice in respect of security breaches.   In addition to its...

Written Answers — Department of Finance: NAMA Staff Unauthorised Disclosures (18 May 2016)

Michael Noonan: I propose to take Questions Nos. 64 and 65 together. I am advised that, in September 2012, after reporting its concerns about alleged unauthorised data disclosure to An Garda Síochána, NAMA launched a major review conducted by Deloitte of data security and of data access within the Agency and of data transmission to external parties which had a business need to receive data...

Written Answers — Department of Finance: NAMA Staff Unauthorised Disclosures (18 May 2016)

Michael Noonan: I propose to take Questions Nos. 66 and 67 together. I am advised that NAMA has stated, and the Gardaí in turn advised the Courts, that NAMA does not consider that it suffered any loss arising from the unlawful disclosure of the confidential NAMA information which was the subject of the recent prosecution in the Dublin Circuit Criminal Court. I am advised that it was...

Written Answers — Department of Finance: NAMA Investigations (18 May 2016)

Michael Noonan: I am advised that, as is already in the public domain as a result of NAMA's own disclosure, NAMA has referred one further complaint to the Gardaí relating to a potential leak of confidential information.  This case is in addition to the unlawful disclosure of 2009 information which was ruled upon last week in the Courts.  The additional...

Written Answers — Department of Finance: NAMA Staff Unauthorised Disclosures (18 May 2016)

Michael Noonan: I am advised that NAMA is not aware of any loss arising from the unlawful disclosure of confidential NAMA information which was the subject of the recent prosecution in the Dublin Circuit Criminal Court and that, accordingly, NAMA has not made or does not intend to make any proposals to compensate any party in respect of this matter.

Written Answers — Department of Finance: NAMA Staff Unauthorised Disclosures (18 May 2016)

Michael Noonan: I am advised that NAMA has not come to a settlement with any party where the alleged leaking of information in respect of that debtor or client was a factor in the settlement.

Written Answers — Department of Finance: NAMA Legal Cases (18 May 2016)

Michael Noonan: I am advised that NAMA is party to a range of court proceedings initiated by its debtors. Details of all proceedings that have been issued against NAMA or a NAMA group entity are available on the website www.courts.ie. I am advised by NAMA that one set of proceedings have been initiated against it by a debtor in respect of the issue raised by the Deputy.

Written Answers — Department of Finance: NAMA Staff Unauthorised Disclosures (18 May 2016)

Michael Noonan: NAMA has taken all appropriate steps since it became aware of the matter. I am advised that NAMA has referred this matter to the Garda Bureau of Fraud Investigation and has engaged with the Data Protection Commissioner on matters concerning personal data.

Written Answers — Department of Finance: Social Insurance Payments (19 May 2016)

Michael Noonan: I am advised that Revenue collects Pay Related Social Insurance from self-employed persons.  In line with the requirements of the Taxes Consolidation Act 1997, a claim for repayment must be made to Revenue within 4 years of the end of the tax year to which the claim relates. I understand from Revenue that no claim for a refund of Pay Related Social Insurance has been received from...

Written Answers — Department of Finance: VAT Exemptions (19 May 2016)

Michael Noonan: The VAT rating of goods and services is constrained by the requirements of EU VAT law with which Irish VAT law must comply. Defibrillators, other than implantable defibrillators, are liable to VAT at the standard rate, currently 23%. Parts or accessories and training are also liable to VAT at the standard rate.  There is no provision in VAT law that would make it possible to apply...

Written Answers — Department of Finance: Tax Code (19 May 2016)

Michael Noonan: In June 2014, the Competition Directorate of the European Commission announced its intention to open formal state aid investigations into tax rulings provided to a number of companies in various Member States of the European Union.  This announcement is part of a much wider review of tax ruling practice that is currently being undertaken by the European Commission covering all 28...

Written Answers — Department of Finance: Charitable and Voluntary Organisations (19 May 2016)

Michael Noonan: In replying to the Deputy's Question I am assuming that she is referring to organisations with a charitable status and who have the charitable tax exemption. The Deputy will be aware that the regulatory control of charities is a matter for the Charities Regulatory Authority which was established on 16 October 2014 in accordance with the 2009 Charities Act.  Revenue's role is confined...

Written Answers — Department of Finance: Tax Clearance Certificates (19 May 2016)

Michael Noonan: I am advised by Revenue that the matter to which the Deputy refers has been addressed through direct contact with the persons concerned and tax clearance has been granted.