Results 4,241-4,260 of 4,491 for speaker:John Perry

Public Accounts Committee: 2013 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 15: Local Property Tax
Chapter 16: Taxation of Rental Income
2014 Account of the Revenue Commissioners (2 Jul 2015)

John Perry: This is something that always intrigues me. I refer to the 5% of the capital assets for a three-year period. We all know how complicated is the fair deal scheme, the charges that prevail on nursing homes, the relevance of property devaluations and the sale of property and the next-of-kin. What is Mr. Cody's opinion on the return and the outturn on the expense?

Public Accounts Committee: 2013 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 15: Local Property Tax
Chapter 16: Taxation of Rental Income
2014 Account of the Revenue Commissioners (2 Jul 2015)

John Perry: At the point of collection after probate who is duty bound to make the payment? Does Revenue raise the estimate or is the obligation on the solicitor to make the payment?

Public Accounts Committee: 2013 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 15: Local Property Tax
Chapter 16: Taxation of Rental Income
2014 Account of the Revenue Commissioners (2 Jul 2015)

John Perry: I am glad to have an answer about the role of the HSE. How is the figure arrived at?

Public Accounts Committee: 2013 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 15: Local Property Tax
Chapter 16: Taxation of Rental Income
2014 Account of the Revenue Commissioners (2 Jul 2015)

John Perry: Is Mr. Gladney referring to a figure for the value of the property?

Public Accounts Committee: 2013 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 15: Local Property Tax
Chapter 16: Taxation of Rental Income
2014 Account of the Revenue Commissioners (2 Jul 2015)

John Perry: Does the estimate go from Revenue to the next of kin?

Public Accounts Committee: 2013 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 15: Local Property Tax
Chapter 16: Taxation of Rental Income
2014 Account of the Revenue Commissioners (2 Jul 2015)

John Perry: What happens in the event of non-payment?

Public Accounts Committee: 2013 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 15: Local Property Tax
Chapter 16: Taxation of Rental Income
2014 Account of the Revenue Commissioners (2 Jul 2015)

John Perry: As we know, difficulties can arise for family members in probate situations. In some cases, for example, the family home was assigned as 5% of the payment towards nursing home care. Where people are experiencing problems in such cases, would that qualify as difficult circumstances?

Public Accounts Committee: 2013 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 15: Local Property Tax
Chapter 16: Taxation of Rental Income
2014 Account of the Revenue Commissioners (2 Jul 2015)

John Perry: Will the Comptroller and Auditor General indicate the percentage of the moneys involved that relates to the fair deal scheme?

Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (9 Jul 2015)

John Perry: Deputy Costello referred to Project Eagle. In the US, when a big pay day arrives they say that the eagle has landed. From the point of view of Cerberus, the eagle certainly landed. I ask Mr. McDonagh to outline the due diligence carried out in advance of the sale. It appears that Lazards was appointed at a late stage. The letter to the Northern Ireland Minister, Mr. Wilson, from Brown...

Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (9 Jul 2015)

John Perry: There were more than 850 different properties in the portfolio and 50% of the land banks are in Northern Ireland. Is the due diligence documentation in the public domain?

Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (9 Jul 2015)

John Perry: How was the firm aware of this information?

Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (9 Jul 2015)

John Perry: I am not referring to integrity or quality. The letter stated that the firm took great comfort that NAMA has ensured the necessary due diligence in respect of all loans and assets. Lazards was appointed in January and the sale concluded in March.

Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (9 Jul 2015)

John Perry: If one purchases a job lot of properties, it can be more convenient than dealing with each individual title or security. The original loan value was £4.5 billion. What was the initial reason for acquiring the assets cheaply in the first place? How many due diligence exercises were carried out on them?

Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (9 Jul 2015)

John Perry: How many of the nine bidders viewed this documentation?

Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (9 Jul 2015)

John Perry: Did the two final bidders see the entire documentation?

Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (9 Jul 2015)

John Perry: Did Mr. Cushnahan see the documentation?

Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (9 Jul 2015)

John Perry: He was involved with Tughans.

Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (9 Jul 2015)

John Perry: I ask Mr. McDonagh to clarify the €50 million agreed in fees. What was the split?

Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (9 Jul 2015)

John Perry: What is the story on that at the moment?

Public Accounts Committee: National Asset Management Agency: Financial Statements 2014 (9 Jul 2015)

John Perry: Was it not surprising, then, that NAMA was notified about Mr. Cushnahan's involvement from one of the builders? Being a vulture capitalist group, they would be well aware of the risk involved. Was it not a case of taking themselves out of the sale?