Results 601-620 of 10,460 for speaker:Gerry Horkan

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Statement of Strategy 2017: Department of Finance (19 Jan 2017)

Gerry Horkan: Can we see the answers or the responses to how all of these have been implemented?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Statement of Strategy 2017: Department of Finance (19 Jan 2017)

Gerry Horkan: I think that is it for now Chairman.

Seanad: Order of Business (24 Jan 2017)

Gerry Horkan: I wish everybody a happy new year and a very successful 2017 to all Members. Many of us have been back for a number of weeks as we had committee meetings last week and earlier today. The finance committee raised the common consolidated corporate tax base, CCCTB, with the European Commissioner, Mr. Moscovici, and this House and the wider public need to be aware of the proposal and what it...

Seanad: Order of Business (24 Jan 2017)

Gerry Horkan: No, it is not that, a Chathaoirligh, it is the common consolidated corporate tax base. A total of 80% of our corporation tax is coming from multinationals and we need to protect our tax base. It is what keeps the lights on and what keeps the country running. It is a very significant part of our overall revenue stream and we must be vigilant as to how CCCTB develops. I echo the concerns of...

Seanad: Order of Business (24 Jan 2017)

Gerry Horkan: Nice try anyway.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: EU Corporate Taxation and Investment and Growth Strategies: Commissioner for Economic and Financial Affairs, Taxation and Customs (24 Jan 2017)

Gerry Horkan: There are a couple of small points which have not been covered. As a committee, we produced a reasoned opinion which we sent to the Commission before Christmas. Has the Commissioner read it?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: EU Corporate Taxation and Investment and Growth Strategies: Commissioner for Economic and Financial Affairs, Taxation and Customs (24 Jan 2017)

Gerry Horkan: I think six member states have issued reasoned opinions. What is the Commissioner's response to our reasoned opinion? There are a lot of concerns. While the Commissioner is saying it is a proposal and that we have engaged, co-operated and participated in country-by-country reporting, we have enormous concerns, as Senator Kieran O'Donnell and others outlined, about sales which do not take...

Seanad: Junior Cycle Reform: Motion (25 Jan 2017)

Gerry Horkan: It is rare to witness such unanimity across the Chamber or to have a ratio of two to one in Government and Opposition speakers in favour of the Government.

Seanad: Junior Cycle Reform: Motion (25 Jan 2017)

Gerry Horkan: You might get into a history book.

Seanad: Junior Cycle Reform: Motion (25 Jan 2017)

Gerry Horkan: I think it is fairly clear cut, but I do have to ask the question.

Seanad: Visit of Bosnia Herzegovina Delegation (26 Jan 2017)

Gerry Horkan: I am sure Members will wish to join me in welcoming a parliamentary delegation from Bosnia Herzegovina led by the Foreign Minister, H.E. Mr. Igor Crnadak, and accompanied by the ambassador H. E. Mr. Branko Neškovic. On behalf of myself and all my colleagues in Seanad Éireann, I extend a warm welcome to the delegation and offer good wishes for a very successful visit to Ireland....

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business and Banking: Discussion. (26 Jan 2017)

Gerry Horkan: I thank the delegations for their comprehensive presentations and particularly Ms Lavin for her personal story of how such a successful business was treated by Ulster Bank during the downturn and subsequently. If the story was on television or a movie, one would wonder how it could happen. It would be a film many people would like to watch. Unfortunately, it was very harrowing for Ms...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business and Banking: Discussion. (26 Jan 2017)

Gerry Horkan: He was not an official shadow director.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business and Banking: Discussion. (26 Jan 2017)

Gerry Horkan: He came in and all of a sudden he had his feet under a desk and was involved.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business and Banking: Discussion. (26 Jan 2017)

Gerry Horkan: Initially he was coming in to get the company through the 2008 and 2009 period. There had been a massive downturn in car sales and I presume the company had large enough overheads, with many obligations and staff. The cash was not coming in. Was the company in a position at that point where repayments that would have been falling due could not be met? Was that the way the bank manoeuvred him?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business and Banking: Discussion. (26 Jan 2017)

Gerry Horkan: So the company had gone through 2008 to 2011 without GRG or any help. It met all the payments through that time on time and never defaulted or had a missed or late payment.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business and Banking: Discussion. (26 Jan 2017)

Gerry Horkan: In 2010, GRG dragged in a whole lot of other properties as cover for itself but those properties did not form part of the original loans.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business and Banking: Discussion. (26 Jan 2017)

Gerry Horkan: Did it try to drag in family homes, cars and so on?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business and Banking: Discussion. (26 Jan 2017)

Gerry Horkan: The sum of €20 million is referenced in the report.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business and Banking: Discussion. (26 Jan 2017)

Gerry Horkan: Was the €20 million a relatively recent injection or was it a €20 million injection historically over many years in terms of retained reserves and so on?