Results 2,781-2,800 of 4,002 for speaker:Rose Conway Walsh

Seanad: Finance Bill 2018: Committee Stage (5 Dec 2018)

Rose Conway Walsh: I move recommendation No. 6:In page 112, after line 42, to insert the following:“Report on restricting banks from carrying forward losses 29. The Minister shall, within 6 months of the passing of this Act, prepare and lay before both Houses of the Oireachtas a report on restricting banks from carrying forward losses against taxable profits in a manner which could result in many...

Seanad: Finance Bill 2018: Committee Stage (5 Dec 2018)

Rose Conway Walsh: I cannot accept what the Minister of State says either. Placing a report before the Houses on restricting banks from carrying losses forward against tangible profits cannot harm the banking system. Banks should pay their fair share of tax. We are only asking for a 25% cap on the profits that can be written off against losses carried forward in any given year with an absolute ten year limit...

Seanad: Finance Bill 2018: Committee Stage (5 Dec 2018)

Rose Conway Walsh: I am pressing it to a vote.

Seanad: Finance Bill 2018: Committee Stage (5 Dec 2018)

Rose Conway Walsh: I move recommendation No. 7:In page 112, after line 42, to insert the following: “Report on restoring cap on intangible assets29. The Minister shall, within 6 months of the passing of this Act, prepare and lay before both Houses of the Oireachtas a report on restoring the 80 per cent cap on intangible assets onshore between 2015 and 2017 that can be written off against profits at the...

Seanad: Finance Bill 2018: Committee Stage (5 Dec 2018)

Rose Conway Walsh: I welcome the fact that they are under review but Sinn Féin estimates that we are losing out on €750 million. On that basis we are absolutely certain we are not talking about retrospective taxation and that this is something that really needs to be done.

Seanad: Finance Bill 2018: Committee Stage (5 Dec 2018)

Rose Conway Walsh: We can agree to differ.

Seanad: Finance Bill 2018: Committee Stage (5 Dec 2018)

Rose Conway Walsh: I said €750 million.

Seanad: Finance Bill 2018: Committee Stage (5 Dec 2018)

Rose Conway Walsh: I move recommendation No. 8:In page 112, after line 42, to insert the following:“Report on “double Irish” tax scheme 29. The Minister shall, within 6 months of the passing of this Act, prepare and lay before both Houses of the Oireachtas a report on the options available to end the transition period for companies availing of the double Irish sooner than 2020.”....

Seanad: Finance Bill 2018: Committee Stage (5 Dec 2018)

Rose Conway Walsh: I will withdraw the recommendation and reserve the right to resubmit it on Report Stage.

Seanad: Finance Bill 2018: Committee Stage (5 Dec 2018)

Rose Conway Walsh: A great deal of social damage is caused by betting and that necessitates a higher tax contribution from the sector. The current duty does not even cover the horse and greyhound fund, however, and it has not done so for a long time. I have an issue, however, with the way in which the tax is being levied. It is not a million years since betting duty of 10% was applied but it is crucial to...

Seanad: Finance Bill 2018: Committee Stage (5 Dec 2018)

Rose Conway Walsh: I move recommendation No. 16:In page 138, to delete line 19. I will withdraw the recommendation and reserve the right to resubmit on Report Stage.

Seanad: Finance Bill 2018: Committee Stage (5 Dec 2018)

Rose Conway Walsh: I move recommendation No. 18.“Report on income tax relief64.The Minister shall, within 6 months of the passing of this Act, prepare and lay before both Houses of the Oireachtas a report on an income tax relief equivalent in value to one month’s rent of an individual available to all renters not already in receipt of any State subsidy examining the social and economic impact of...

Seanad: Finance Bill 2018: Committee Stage (5 Dec 2018)

Rose Conway Walsh: I thank the Cathaoirleach. While I take on board what the Minister of State said around the refundable tax credit, this is a really important recommendation and I will be pressing it.

Seanad: Finance Bill 2018: Committee Stage (5 Dec 2018)

Rose Conway Walsh: I move recommendation No. 19:In page 146, after line 36, to insert the following:“Report on re-introduction of trade union tax relief 64. The Minister shall, within 6 months of the passing of this Act, prepare and lay before both Houses of the Oireachtas a report on the reintroduction of trade union tax relief.”. This amendment intends to do what it says on the tin, which is...

Seanad: Finance Bill 2018: Committee Stage (5 Dec 2018)

Rose Conway Walsh: Yes.

Seanad: Consumer Protection (Regulation of Credit Servicing Firms) Bill 2018: Second Stage (5 Dec 2018)

Rose Conway Walsh: I welcome the Bill and Sinn Féin will facilitate its passage through all Stages in the House. It goes some way towards addressing the concerns of all affected homeowners regarding who is regulated. Since the Bill was introduced back in March of this year, many more mortgages have been sold to vultures. This issue goes back four years when the first raft of Irish Bank Resolution...

Seanad: Consumer Protection (Regulation of Credit Servicing Firms) Bill 2018: Second Stage (5 Dec 2018)

Rose Conway Walsh: The Bill does not protect homeowners and this is what we need to discuss. Even if passed, there is still much to do. An impression is being given that because of this legislation, which is important in that it brings us a step forward, somehow these homeowners will be protected. They will not be protected and this message needs to go out loud and clear. It does not give them any...

Seanad: Order of Business (6 Dec 2018)

Rose Conway Walsh: I will change the subject for the moment. I commend the Joint Committee on Justice and Equality, which, under the chairmanship of Deputy Ó Caoláin, launched its latest report this morning. Deputy Ferris and I were present at the launch. The committee has done a wonderful job on this. The report is on Article 41.2 of the Constitution and the effort to remove or replace it. The...

Seanad: Order of Business (6 Dec 2018)

Rose Conway Walsh: We will agree to disagree.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Sale of Permanent TSB Mortgage Loans: Discussion (6 Dec 2018)

Rose Conway Walsh: I thank the witnesses for the presentations and for coming in today because there are important questions to be answered. It is very difficult to believe the Minister for Finance had no objection to this sale and facilitated the betrayal of vulnerable Irish customers. What is particularly interesting about today is the fact that the banks have appeared before us many times and it has been...