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Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Property Tax: Discussion with Revenue (29 May 2013)

Michael McGrath: Ms Feehily touched on the next steps in her opening remarks. She has extensive powers to take enforcement action against people who did not file returns, and the Revenue Commissioners intend to move on that relatively quickly. The options include taking the money from people's pay and ultimately from their bank accounts or any social welfare payments they receive. Is there a hierarchy?...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Property Tax: Discussion with Revenue (29 May 2013)

Michael McGrath: I am sure Ms Feehily has some views on improvements and changes that could be made to legislation. Obviously, she must work within a statutory framework and I do not expect her to go into any detail today. Will she give feedback to the Department of Finance and the Minister on changes that could be made to improve the process? An issue that jumps out straight away is the fact that people...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Property Tax: Discussion with Revenue (29 May 2013)

Michael McGrath: The date will present a major problem for people. Will Ms Feehily give the Minister feedback on that type of issue, which is within the confines of the Act?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Property Tax: Discussion with Revenue (29 May 2013)

Michael McGrath: Is it March if they opt for a single debit authority?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Property Tax: Discussion with Revenue (29 May 2013)

Michael McGrath: That is when the money would come out?

Topical Issue Debate: Central Bank of Ireland Investigations (30 May 2013)

Michael McGrath: This issue relates to an ongoing investigation by the Central Bank of Ireland into the misselling of payment protection insurance, PPI, policies to a range of customers over a long number of years potentially. People were sold products that they were never eligible to benefit from. Categories include self-employed people, farmers and people close to retirement when the product was sold to...

Topical Issue Debate: Central Bank of Ireland Investigations (30 May 2013)

Michael McGrath: I thank the Minister of State for his reply, although unfortunately it is, verbatim, the reply to a parliamentary question I submitted recently. I do not blame the Minister of State for that because it is what he was provided with by the Department of Finance. The essential issue is that of the 340,000 products sold since July 2007, the evidence is that an unknown quantum were mis-sold....

Written Answers — Department of Finance: Tax Code (30 May 2013)

Michael McGrath: 79. To ask the Minister for Finance if he has requested that Revenue write to the US authorities to correct any inaccuracies in the portrayal of Ireland's corporation tax regime during recent Senate hearings; and if he will make a statement on the matter. [26537/13]

Written Answers — Department of Finance: NAMA Debtors (30 May 2013)

Michael McGrath: 80. To ask the Minister for Finance the action that the National Assets Management Agency will undertake if it believes it was furnished with a deliberately misleading statement of affairs; and if he will make a statement on the matter. [26538/13]

Written Answers — Department of Finance: NAMA Portfolio Value (30 May 2013)

Michael McGrath: 81. To ask the Minister for Finance his views on whether the value of National Assets Management Agency's property portfolio would be enhanced by alterations to the planning regulations for the Dublin docklands [26539/13]

Written Answers — Department of Social Protection: Domiciliary Care Allowance Appeals (30 May 2013)

Michael McGrath: 159. To ask the Minister for Social Protection the position regarding a domiciliary care allowance appeal in respect of a person (details supplied) in County Cork. [26571/13]

Finance (Local Property Tax Repeal) Bill 2013 [Private Members]: Second Stage (11 Jun 2013)

Michael McGrath: I welcome the opportunity to speak on the Finance (Local Property Tax Repeal) Bill 2013 sponsored by Sinn Féin. For a matter of such importance as the operation of revenue collection in the State and the funding of local government, the Bill is extraordinarily lacking in detail. The immediate implementation of the legislation, which is presumably what Sinn Féin is calling for,...

Finance (Local Property Tax Repeal) Bill 2013 [Private Members]: Second Stage (11 Jun 2013)

Michael McGrath: This was shameful and completely unnecessary. The points we and others raised at the time are every bit as valid today as they were in December and earlier in the year. When we discussed the local property tax in December, I took issue with the contention of the Minister for Finance that the tax was fair and progressive and that the wealthiest would pay the most. It is clear this is not...

Finance (Local Property Tax Repeal) Bill 2013 [Private Members]: Second Stage (11 Jun 2013)

Michael McGrath: Whatever about insisting that it be rushed through in December for implementation in January-----

Finance (Local Property Tax Repeal) Bill 2013 [Private Members]: Second Stage (11 Jun 2013)

Michael McGrath: -----the fact that the amendment Bill could not be debated in the House in a proper fashion is regrettable. Like the Government, Sinn Féin and other Opposition groups, Fianna Fáil has already commenced work on our proposals for budget 2014. These will be published in advance of the mid-October budget to be introduced by the Minister. The timing of the introduction of this Sinn...

Finance (Local Property Tax Repeal) Bill 2013 [Private Members]: Second Stage (11 Jun 2013)

Michael McGrath: The Deputy could have introduced a motion.

Finance (Local Property Tax Repeal) Bill 2013 [Private Members]: Second Stage (11 Jun 2013)

Michael McGrath: My point is that if Sinn Féin was serious and honestly believed in the veracity of the €800 million figure, the full details would be published.

Finance (Local Property Tax Repeal) Bill 2013 [Private Members]: Second Stage (11 Jun 2013)

Michael McGrath: I have them with me. They are not published.

Finance (Local Property Tax Repeal) Bill 2013 [Private Members]: Second Stage (11 Jun 2013)

Michael McGrath: They are not published, but I will go through them now because we would love to have a debate on this.

Finance (Local Property Tax Repeal) Bill 2013 [Private Members]: Second Stage (11 Jun 2013)

Michael McGrath: If there is €800 million available to be tapped, let us examine it and subject it to independent scrutiny. That would do everybody in the House a great service. Perhaps Deputy Finian McGrath might like to analyse it in detail. Sinn Féin would have us believe that this magic wealth tax will deal with the black hole at the heart of the public finances. The proposals were...

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