Results 421-440 of 1,212 for speaker:Dara Murphy

Committee on Finance, Public Expenditure and Reform: Joint Sub-Committee on Global Corporate Taxation: Global Taxation Architecture: Discussion with Director of the OECD Centre for Tax Policy and Administration (23 Jul 2013)

Dara Murphy: Does Mr. Saint-Amans accept that profits taxed in Ireland reflect the functions, assets, risks and costs associated with the economic activity of a company in this country?

Committee on Finance, Public Expenditure and Reform: Joint Sub-Committee on Global Corporate Taxation: Global Taxation Architecture: Discussion with Director of the OECD Centre for Tax Policy and Administration (23 Jul 2013)

Dara Murphy: As an international expert on this matter, does Mr. Saint-Amans believe Ireland has a very attractive tax offering for multinationals?

Committee on Finance, Public Expenditure and Reform: Joint Sub-Committee on Global Corporate Taxation: Global Taxation Architecture: Discussion with Director of the OECD Centre for Tax Policy and Administration (23 Jul 2013)

Dara Murphy: Mr. Saint-Amans has mentioned low taxes are pro-growth and that the evidence supports this. Would Mr. Saint-Amans encourage the Irish Government to continue along the path it has been on for a number of years because it works for multinationals and the Irish people working for them?

Committee on Finance, Public Expenditure and Reform: Joint Sub-Committee on Global Corporate Taxation: Global Taxation Architecture: Discussion with Director of the OECD Centre for Tax Policy and Administration (23 Jul 2013)

Dara Murphy: Mr. Saint-Amans has stated that to date the Irish Government has been extremely co-operative with the OECD in this regard. Does he accept that, in the main, it must be driven by the very large countries and blocs and that smaller countries such as Ireland, while being supportive, cannot unilaterally change anything in the international context?

Committee on Finance, Public Expenditure and Reform: Joint Sub-Committee on Global Corporate Taxation: Global Taxation Architecture: Discussion with Director of the OECD Centre for Tax Policy and Administration (23 Jul 2013)

Dara Murphy: Ireland has a flat corporate tax rate regardless of whether a company is large, a multinational, an exporter or a local supplier. Is this preferable, or is there scope for different rates depending on a company's function? I am asking for Mr. Saint-Amans's personal observation.

Committee on Finance, Public Expenditure and Reform: Joint Sub-Committee on Global Corporate Taxation: Global Taxation Architecture: Discussion with Director of the OECD Centre for Tax Policy and Administration (23 Jul 2013)

Dara Murphy: Merci bien.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with Bank of Ireland (4 Sep 2013)

Dara Murphy: I welcome the delegates and thank them for remaining over time. We heard yesterday from representatives of Allied Irish Banks, are hearing today from representatives of Bank of Ireland and will hear tomorrow from other bank representatives, all of whom adhere to definitions as per guidelines from the Central Bank in tabulating statistics and targets. Would the banks welcome more clarity in...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with Bank of Ireland (4 Sep 2013)

Dara Murphy: The bank is defining it in that Mr. Boucher said earlier that the figure in that regard in respect of Bank of Ireland was approximately 10%.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with Bank of Ireland (4 Sep 2013)

Dara Murphy: That is what I mean.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with Bank of Ireland (4 Sep 2013)

Dara Murphy: Presumably, if the bank did have a definition, even if it were not perfect, it would be better than the current situation.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with Bank of Ireland (4 Sep 2013)

Dara Murphy: Some 89% are paying their mortgages.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with Bank of Ireland (4 Sep 2013)

Dara Murphy: Our ambition is to try to find out how many of the remaining 11% are in a position to pay. Mr. Boucher has mentioned that some of the people who have not contacted the bank are strategic defaulters and that others cannot pay.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with Bank of Ireland (4 Sep 2013)

Dara Murphy: Let me put it another way. Of the current mortgages in default, how many fall into the category of persons who have contacted and engaged with the bank and are now deemed by it to be unable to pay? Earlier Mr. Boucher said 1,097 mortgages were unsustainable, 937 were in default and 10% of loans in arrears were in what he termed potentially a different category. Can he say how many Bank of...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with Bank of Ireland (4 Sep 2013)

Dara Murphy: What will happen in the cases of those with whom the bank has engaged?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with Bank of Ireland (4 Sep 2013)

Dara Murphy: What about the others to whom the bank cannot offer it?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with Bank of Ireland (4 Sep 2013)

Dara Murphy: I am interested in hearing what will happen to the people who have engaged with the bank whose mortgages it has deemed are not affordable.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with Bank of Ireland (4 Sep 2013)

Dara Murphy: They are the people about whom we are most concerned. If people are strategic defaulters, the taxpayer would want the money to be recovered. What else can the bank do?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with Bank of Ireland (4 Sep 2013)

Dara Murphy: Does Mr. Boucher believe that in the current economic climate it makes commercial sense for Bank of Ireland to increase charges, bearing in mind that customers cannot generally move from it?

Committee on Finance, Public Expenditure and Reform: Joint Sub-Committee on Global Corporate Taxation: Base Erosion and Profit Sharing: Discussion with Trinity College (17 Sep 2013)

Dara Murphy: I found Professor Barry's presentation extremely interesting. It echoes comments we have heard from the IDA and some of our senior Ministers. In the debate in Ireland we talk too often about the rate, which appears to be quite transparent from Professor Barry's tables and figures, but not enough about some of the other rules in respect of our tax position. It is interesting to hear the...

Committee on Finance, Public Expenditure and Reform: Joint Sub-Committee on Global Corporate Taxation: Base Erosion and Profit Sharing: Discussion with Trinity College (17 Sep 2013)

Dara Murphy: To simplify the ambition of some of the large powers and groupings in the world, be it the OECD, the G8 and the like, the ambition would be that multinational corporations would pay tax somewhere. How long realistically will it take them to arrive at that point? Second, given that we have been so successful so far with the tax system we have in place, and we have adopted a position of low...