Results 3,721-3,740 of 16,492 for speaker:Ciarán Lynch

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Scrutiny of EU Legislative Proposals. (14 Nov 2012)

Ciarán Lynch: I will continue with my questions on this matter before inviting members to contribute. A host of transactions are taking place in the IFSC and other financial institutions across the globe. One of the reasons Ireland has a financial services centre - and the reason all of these transactions are not emanating from London instead - is that ours is an English-speaking country in the...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Scrutiny of EU Legislative Proposals. (14 Nov 2012)

Ciarán Lynch: To return to earlier comments on information on accountancy measures and revenue streams that become available at a European-wide level, it would be possible to find out what the Estonian and German revenue from these streams are just as we have income and VAT figures for the first quarter and the second quarter of the year. Is it an assumption or an identified measure that the Department of...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Scrutiny of EU Legislative Proposals. (14 Nov 2012)

Ciarán Lynch: I thank Ms McVeigh for that. I call Deputy Doherty and I will allocate him ten minutes and bring him back in later if I can.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Scrutiny of EU Legislative Proposals. (14 Nov 2012)

Ciarán Lynch: The Deputy is half way through his time and I do not want it to expire but Ms McVeigh will have to respond.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Scrutiny of EU Legislative Proposals. (14 Nov 2012)

Ciarán Lynch: We have four minutes remaining. I would like Ms McVeigh to respond to the Deputy but if the time expires, she will not be able to do so.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Scrutiny of EU Legislative Proposals. (14 Nov 2012)

Ciarán Lynch: I thank the delegates for appearing. The committee, as part of its work programme, hopes to consider the financial transaction tax in the first or second quarter of 2013. On Deputy Humphreys' point, I note the Department has examined the issue. We would be grateful if Ms McVeigh and her officials were available to appear before the committee once more in this regard. The committee would...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Scrutiny of EU Legislative Proposals. (14 Nov 2012)

Ciarán Lynch: We will now proceed to the scrutiny of COM (2011) 121/4, on the common consolidated corporation tax base, CCCTB. I welcome Mr. Gary Tobin, Ms Fay Kearney and Mr. John Fanning from the Department of Finance and from Revenue. The committee will first hear a short presentation from the officials following which we will have a questions and answers session. I remind all members to switch off...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Scrutiny of EU Legislative Proposals. (14 Nov 2012)

Ciarán Lynch: I would be very grateful if Mr. Tobin adopted the latter approach and got straight to the kernel of the statement. I ask him to give us an update on progress.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Scrutiny of EU Legislative Proposals. (14 Nov 2012)

Ciarán Lynch: I thank Mr. Tobin. From the layman's perspective and having listened to the earlier presentation by Ms Brenda McVeigh regarding the financial transaction tax, is the CCCTB an optional tax base like the financial transaction tax or is this one to which, if it moves ahead, all member states must adhere?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Scrutiny of EU Legislative Proposals. (14 Nov 2012)

Ciarán Lynch: Okay.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Scrutiny of EU Legislative Proposals. (14 Nov 2012)

Ciarán Lynch: Okay. If one takes Apple, the biggest company in the world, which is based in Cork, it arrived there a long-----

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Scrutiny of EU Legislative Proposals. (14 Nov 2012)

Ciarán Lynch: Yes, a local company like Ford. Apple arrived in Ireland long before the corporation tax levels were put in place here and it came here for different reasons. Were such a company to consider opting for the CCCTB base as opposed to the existing corporation tax regime, Mr. Tobin's point is such a company could apply to have that tax model applied to that business. Would this be on the basis...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Scrutiny of EU Legislative Proposals. (14 Nov 2012)

Ciarán Lynch: Okay. I am trying to flesh out this issue in my head. In a situation in which, for example, Apple has one base in the Republic of Ireland and another in Poland - even though the financial headquarters is in Ireland - is it possible that Apple could operate two different structures? I refer to the company structure in another European state. Would it be possible for a company that is...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Scrutiny of EU Legislative Proposals. (14 Nov 2012)

Ciarán Lynch: I refer to any company that is located here and elsewhere.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Scrutiny of EU Legislative Proposals. (14 Nov 2012)

Ciarán Lynch: I call Deputy Mathews first, as he will be taking the Chair in the Dáil Chamber shortly.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Scrutiny of EU Legislative Proposals. (14 Nov 2012)

Ciarán Lynch: I know that Deputy Mathews has to be in the Chamber, so I will excuse him early.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Scrutiny of EU Legislative Proposals. (14 Nov 2012)

Ciarán Lynch: The Deputy could ask a question, but he may not make a speech.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Scrutiny of EU Legislative Proposals. (14 Nov 2012)

Ciarán Lynch: I thank Mr. Tobin and his colleagues for attending the committee. It is hard to measure whether this is stagnant or a work in progress. If there are any further proposals for directional indications or shifts on this, I would be grateful if Mr. Tobin could inform the committee of same by correspondence. I wish to thank the officials for attending the committee today. It has been of great...

Electoral Commission Bill 2012: First Stage (15 Nov 2012)

Ciarán Lynch: I move: That leave be granted to introduce a Bill entitled an Act to create an Electoral Commission; to provide for a national register of electors; and to provide for connected matters.The purpose of the Bill is to create an electoral commission and transfer to it a range of functions performed by the Minister, the SIPO, the referendum commission, the constituency commission, local...

Electoral Commission Bill 2012: First Stage (15 Nov 2012)

Ciarán Lynch: I move: "That the Bill be taken in Private Members' time."