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Public Accounts Committee: Annual Report and Accounts 2012: Discussion with IDA Ireland (19 Sep 2013)

Shane Ross: Yes, I accept that. I ask Mr. O'Leary to take us through the other more controversial areas about what Ireland offers to multinationals and IDA Ireland companies. Is transfer pricing abused?

Public Accounts Committee: Annual Report and Accounts 2012: Discussion with IDA Ireland (19 Sep 2013)

Shane Ross: Mr. O'Leary is aware of it.

Public Accounts Committee: Annual Report and Accounts 2012: Discussion with IDA Ireland (19 Sep 2013)

Shane Ross: Yes, but this is a sensitive issue. Is there not a danger that there is room for abuse? There are accusations of abuse. If changes are made, it could affect multinational investment in this country because they regard Ireland as a good - it is sometimes referred to in rather pejorative terms - conduit state where they can put the money in, transfer it out and do a few little dodges like...

Public Accounts Committee: Annual Report and Accounts 2012: Discussion with IDA Ireland (19 Sep 2013)

Shane Ross: I do not know how the double Irish works, even though it has been explained to me 100 times. Will Mr. O'Leary explain to me how it works?

Public Accounts Committee: Annual Report and Accounts 2012: Discussion with IDA Ireland (19 Sep 2013)

Shane Ross: Double Dutch.

Public Accounts Committee: Annual Report and Accounts 2012: Discussion with IDA Ireland (19 Sep 2013)

Shane Ross: It is bad for Ireland to have these particular little dodges and to be used as a conduit. It is quite obvious that Apple used the place to warehouse €77 million.

Public Accounts Committee: Annual Report and Accounts 2012: Discussion with IDA Ireland (19 Sep 2013)

Shane Ross: No. I believe it helps it that there are all of these dodges here. It is actually an asset - they see it as a conduit. I am concerned about whether we get enough out of it - whether we condone it without actually getting anything out of it. The property values have been marked down by €191 million. How does IDA Ireland work that out? What formula is it using for the reduction in...

Public Accounts Committee: Annual Report and Accounts 2012: Discussion with IDA Ireland (19 Sep 2013)

Shane Ross: It is done by auctioneers, valuers. By how much are they marked down? By how much has the average property value reduced?

Public Accounts Committee: Annual Report and Accounts 2012: Discussion with IDA Ireland (19 Sep 2013)

Shane Ross: They said €191 million.

Public Accounts Committee: Annual Report and Accounts 2012: Discussion with IDA Ireland (19 Sep 2013)

Shane Ross: I would appreciate it because it is important.

Public Accounts Committee: Annual Report and Accounts 2012: Discussion with IDA Ireland (19 Sep 2013)

Shane Ross: I would be interested in the detail of the amount of the markdown, what IDA Ireland has written off and the details of various buildings. I would like as much as Mr. O'Leary can supply without it being commercially sensitive.

Written Answers — Department of Children and Youth Affairs: Foreign Adoptions (24 Sep 2013)

Shane Ross: 497. To ask the Minister for Children and Youth Affairs the reason that in the case of adoptions from Russia, from which many Irish citizens are seeking to adopt children, a statutory prohibition on the time frame as the eligibility of an individual to become a parent applies, when it is an accepted fact that Russian adoptions are taking an exponentially long time and many potential parents...

Private Members' Business - Cuts in Education: Motion (Resumed) [Private Members] (25 Sep 2013)

Shane Ross: I welcome this motion. As it is so long and detailed, it would be difficult not to find elements with which anyone agreed. The fundamental point in this Sinn Féin motion, that 6% of GDP should be allocated specifically to education, is welcome, as it is often the international practice. The commitment to decreasing the pupil-teacher ratio is one that all Deputies should support. No...

Private Members' Business - Cuts in Education: Motion (Resumed) [Private Members] (25 Sep 2013)

Shane Ross: Hear, hear.

Mortgage Restructuring Arrangement Bill 2013: Second Stage (Resumed) [Private Members] (2 Oct 2013)

Shane Ross: I thank Deputies Joan Collins and Wallace for sharing time with me. Deputy Boyd Barrett asked me when he sat down if he convinced the Government. It is indicative of the seriousness with which the Government takes this House and an issue of this sort that, for the past 45 minutes since I came into the Chamber, that, apart from Members on this side, there have only been two ushers, two...

Mortgage Restructuring Arrangement Bill 2013: Second Stage (Resumed) [Private Members] (2 Oct 2013)

Shane Ross: No Member from Fine Gael or the Labour Party has come into the House.

Mortgage Restructuring Arrangement Bill 2013: Second Stage (Resumed) [Private Members] (2 Oct 2013)

Shane Ross: I did not say I was here all the time. The Government has a majority of over 100. Maybe, some of its Members could be here taking this issue seriously.

Mortgage Restructuring Arrangement Bill 2013: Second Stage (Resumed) [Private Members] (2 Oct 2013)

Shane Ross: Obviously, they are not interested and were not here to support the Minister of State when she gave her speech. That is really insulting to the proposer of this Bill, Deputy Joan Collins.

Mortgage Restructuring Arrangement Bill 2013: Second Stage (Resumed) [Private Members] (2 Oct 2013)

Shane Ross: My point is that the Government does not take the Dáil seriously on issues of this sort. It is a pity it does not because this Bill contains good ideas and constructive suggestions. They should at least be given the courtesy of being paid a certain amount of attention. It is a pity the Minister of State has been on her own for this period. I hope it will not continue.

Mortgage Restructuring Arrangement Bill 2013: Second Stage (Resumed) [Private Members] (2 Oct 2013)

Shane Ross: The Bill puts forward a principle of negative equity of 110%, based on the Norwegian model. It is also constructive because it takes the bankers out of the pivotal position in which the Government has put them. That is what is radical and fundamental about this Bill. The Bill calls for more weight to be given to borrowers and a little less to bankers. Why does the Government consistently...

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