Results 4,601-4,620 of 6,295 for speaker:Michael D'Arcy

Finance Bill 2014: Report Stage (Resumed) and Final Stage (23 Nov 2017)

Michael D'Arcy: I move amendment No. 69:In page 61, line 2, to delete "and" where it firstly occurs. Section 851A of the Taxes Consolidation Act 1997 provides for the confidentiality of the information given by the taxpayer to the Revenue Commissioners. It provides for the limited circumstances in which taxpayer information can be disclosed by the Revenue Commissioners. Amendments No. 69 and 70 are entirely...

Finance Bill 2014: Report Stage (Resumed) and Final Stage (23 Nov 2017)

Michael D'Arcy: I move amendment No. 70:In page 61, line 8, to delete "1408/2013 of 18 December 201319." and substitute "1408/2013 of 18 December 2013119OJ No. L352, 24.12.2013, p. 99.".".

Finance Bill 2014: Report Stage (Resumed) and Final Stage (23 Nov 2017)

Michael D'Arcy: I move amendment No. 76:In page 67, to delete lines 27 to 30 and substitute the following: “Taxpayer information 72.Part 37 of the Principal Act is amended⁠—(a) in section 851A by inserting the following paragraphs after paragraph (m) (inserted by section 62):“(n) where the taxpayer information is disclosed to an official of the Department of Finance...

Finance Bill 2014: Report Stage (Resumed) and Final Stage (23 Nov 2017)

Michael D'Arcy: Allow me to express my condolence to Mrs. McClurg and his family. The Deputies will be aware that a consultation process on the use of intermediary-type structures and self-employment arrangements was jointly agreed by the then Minister for Finance and the then Tánaiste and Minister for Social Protection last year. This consultation invited submissions from interested parties on...

Finance Bill 2014: Report Stage (Resumed) and Final Stage (23 Nov 2017)

Michael D'Arcy: That table was to be given to the Deputy and I apologise for the fact that it was not. We will get it to the Deputy as soon as possible. The joint investigation unit undertakes highly visible site visits and inspections on construction sites. The work involves the examination of contractors and employees on such sites. A key objective is to ensure that all visits are properly planned,...

Seanad: Commencement Matters: Defective Building Materials (23 Nov 2017)

Michael D'Arcy: I have heard the Senator discuss the issue relating to mica in homes in Mayo and Donegal on numerous occasions. I know she is determined to have something done about it. I acknowledge the stressful situation individuals can face when building defects manifest themselves after completion of construction and the significant impact this can have on those affected. There is an LPT exemption...

Seanad: Commencement Matters: Defective Building Materials (23 Nov 2017)

Michael D'Arcy: I will contact Revenue and try to get clarification on the matter. I do not like ambiguity or positions being unclear. The note I have says one thing but the Senator is telling me something contrary to it. I will contact Revenue directly and I will have officials try to conclude the matter in order to determine the correct position.

Leaders' Questions (28 Nov 2017)

Michael D'Arcy: Yes-----

Order of Business (28 Nov 2017)

Michael D'Arcy: We have agreed Wednesday's business.

Seanad: Finance Bill 2017: Second Stage (28 Nov 2017)

Michael D'Arcy: Last month when the Minister for Finance, Deputy Paschal Donohoe, made his Budget Statement he said that this was a budget to safeguard our national finances and to help rebalance our economy. It was a budget to promote fairness and provide for modest but sustainable improvements in people’s lives. Many of the measures to help us achieve those goals are contained in the Finance Bill...

Seanad: Finance Bill 2017: Second Stage (28 Nov 2017)

Michael D'Arcy: I spend a lot of time here.

Seanad: Finance Bill 2017: Second Stage (28 Nov 2017)

Michael D'Arcy: That is a compliment to Senator Wilson.

Seanad: Finance Bill 2017: Second Stage (28 Nov 2017)

Michael D'Arcy: I will try to go through the submissions one by one. I do not know enough about the aviation point raised by Senator Buttimer. I will try to get some answers if possible. Housing, especially social housing, was something of a recurring theme in the Senators' submissions. I am glad to hear that people are also talking about affordable housing. There is a problem with housing, and much of...

Seanad: Finance Bill 2017: Second Stage (28 Nov 2017)

Michael D'Arcy: The ratio of tax cuts to spending was agreed at 2:1. It was agreed in the confidence and supply arrangement between the Government and Fianna Fáil. I want to put it into context. I absolutely support the reduction in income taxes. The quantum of money raised by income taxes has doubled since 2011. In 2011, the State took in €11 billion in income taxes. In budget 2018, we are...

Seanad: Finance Bill 2017: Second Stage (28 Nov 2017)

Michael D'Arcy: I assure Senator O'Donnell that bona fide management buy-out transactions will not be affected but there is a tax avoidance scheme in operation and we want to deal with that. Senator Mulherin raised the mica issue. I wish to make one other point about housing. We have a €6 billion pot for housing. We probably have a capacity issue in terms of how quickly we can try to encourage...

Public Service Pay and Pensions Bill 2017: Second Stage (29 Nov 2017)

Michael D'Arcy: It is a pleasure to be here. When this legislation started going through the House in 2008, Fianna Fáil was on this side of the House and we were on the Opposition side. The options were limited and we were going through a particularly scary period. Anyone who has heard me talk about where we have come from and where we are now will know I describe the last decade as the lost decade....

Seanad: Ireland's Bid for European Banking Authority: Statements (29 Nov 2017)

Michael D'Arcy: I am grateful for the opportunity to contribute to the discussion on Ireland's bid for the European Banking Authority. We also had a very good discussion last week in Dáil Éireann. Ministers from the 27 EU member states decided last week where to locate the European Banking Authority, EBA, and the European Medicines Agency, EMA, when both agencies leave the UK. This was a real...

Seanad: Ireland's Bid for European Banking Authority: Statements (29 Nov 2017)

Michael D'Arcy: I thank the Acting Chairman. I thank members for their comments. On the question of air miles, I covered 16 countries in six weeks. At one stage I was in nine countries in two weeks. At the start of the process, it was said that we had no friends, that it would be like the Eurovision song contest, and that we would get six points. That was not the case. We have many friends. We are...

Ceisteanna - Questions - Priority Questions: Insurance Industry (30 Nov 2017)

Michael D'Arcy: Setanta Insurance was placed in liquidation by the Malta Financial Services Authority on 30 April 2014. As the company was incorporated in Malta, liquidation is being carried out under Maltese law. As the Deputy is aware, the Supreme Court delivered its judgment on 25 May 2017 and overturned the previous decisions of the High Court and the Court of Appeal that the Motor Insurers Bureau...

Ceisteanna - Questions - Priority Questions: Insurance Industry (30 Nov 2017)

Michael D'Arcy: The legal letter from the Maltese law firm only arrived in the past few weeks and I have not yet received advice from the Attorney General on it. I have asked the officials in the Department of Finance who are in charge of this section to progress the matter as quickly as possible in terms of getting a legal opinion from the Attorney General. At that stage, I intend to sit down with the...