Results 6,441-6,460 of 19,445 for speaker:Brian Cowen

Written Answers — Tax Code: Tax Code (27 Sep 2007)

Brian Cowen: Inheritance tax is part of the capital acquisitions tax (CAT) code, which includes both gift tax and inheritance tax. It was first introduced in 1976 and replaced estate duty taxation. The Finance Act 2000 introduced a package of measures specifically designed to reduce the impact of CAT where assets are transferred. These measures included increased thresholds, the introduction of a...

Written Answers — Alternative Energy Projects: Alternative Energy Projects (27 Sep 2007)

Brian Cowen: Mineral Oil Tax is applied to mineral oil products which are released onto the market in the State by producers, importers and distributors located in the State. However, as part of the Government commitment to promote renewable energy I introduced a relief from Mineral Oil Tax for biofuel projects under the Finance Act, 2006. The relief from Mineral Oil Tax for biofuel projects under the...

Written Answers — Tax Code: Tax Code (27 Sep 2007)

Brian Cowen: The tax treatment of income derived from the payment of diversification aid to former sugar beet growers is a matter for the Revenue Commissioners. I am informed by the Commissioners that based on the information available to them on the current proposals for the payment of such aid the payments will be subject to income tax. My Department has advised the Department of Agriculture, Fisheries...

Written Answers — Tax Code: Tax Code (27 Sep 2007)

Brian Cowen: I am advised by the Revenue Commissioners that a repayment for 2005 has been processed for the named person and a cheque will issue shortly. When a return for 2006 is filed, the question of a liability or refund for that year will be examined.

Order of Business (2 Oct 2007)

Brian Cowen: No, they are not.

Order of Business (2 Oct 2007)

Brian Cowen: Deputy Kenny should have thought of this before changing his Front Bench. That is his problem.

Order of Business (2 Oct 2007)

Brian Cowen: I understand the Deputy's problems.

Markets in Financial Instruments and Miscellaneous Provisions Bill 2007: Order for Second Stage (2 Oct 2007)

Brian Cowen: I move: "That Second Stage be taken now."

Markets in Financial Instruments and Miscellaneous Provisions Bill 2007: Second Stage (2 Oct 2007)

Brian Cowen: I move: "That the Bill be now read a Second Time." This Bill started out as a very short item of legislation. Just a few short sections were needed to complement the regulations which I made last February to transpose the EU Markets in Financial Instruments Directive or MiFID into Irish law. The whole new MiFID regime comes into effect for the industry across the European Union with effect...

Written Answers — Tax Code: Tax Code (2 Oct 2007)

Brian Cowen: Under current betting legislation, betting exchanges are not deemed bookmakers. They differ from bookmakers in that they facilitate the matching of bets between outside parties unlike a bookmaker who takes the bet and the associated risk involved. Consequently betting exchanges are treated, for tax purposes, as normal companies, and as such are subject to corporation tax on their profits,...

Written Answers — Tax Code: Tax Code (2 Oct 2007)

Brian Cowen: I have been advised by the Revenue Commissioners that Section 17 of the Finance Act 2003 prohibits the repayment of tax outside the four-year period. The documentation including tax deduction certificates relating to the tax years 1999/00, 2000/01 and 2001 received from the taxpayer concerned were outside the time limit for making such claims and therefore the credit unfortunately cannot be...

Written Answers — Tax Code: Tax Code (2 Oct 2007)

Brian Cowen: I am informed by the Revenue Commissioners that they have no record of receiving a request from the individual for a P21 for 2006. On receipt of the Deputy's query a review was carried out by the Revenue Commissioners and a P21 issued to the individual concerned on 25 September 2007.

Written Answers — Tax Code: Tax Code (2 Oct 2007)

Brian Cowen: The position is that the VAT regime and indeed the rating of all goods and services are subject to the requirements of EU VAT law with which Irish VAT law must comply. While we can retain the zero and livestock rating provisions which were in existence on 1 January 1991, we cannot introduce any new ones. Therefore, it is not possible to apply either a zero or livestock rate to the supply of...

Written Answers — Tax Code: Tax Code (2 Oct 2007)

Brian Cowen: Both of the towns mentioned by the Deputy have benefited from designation for tax incentives in the recent past. Youghal was designated for tax incentives under the Seaside Resort Scheme which ran from 1995 to 1999, while Cobh was among the 42 towns and cities that had integrated areas designated for tax relief under the 1999 Urban Renewal Scheme. Cobh still benefits from this designation....

Written Answers — Pension Provisions: Pension Provisions (2 Oct 2007)

Brian Cowen: In the Civil Service, for which I am primarily responsible, subject to certain conditions an officer may consider purchasing service where s/he has a potential shortfall in service at the relevant retirement age — in other words the officer may be in a position to make additional provision in order to accrue the maximum 40 years' service required for full superannuation benefits by their...

Written Answers — Decentralisation Programme: Decentralisation Programme (2 Oct 2007)

Brian Cowen: I am advised by the Revenue Commissioners that they have no plans at this stage to move the location of the Wicklow Revenue District. The Wicklow Revenue District is currently located in Claremont Road, Sandymount, Dublin 4. There is also a small resource in Government Building, the Murrough, Wicklow Town and a Revenue presence in both Arklow and Wicklow ports.

Written Answers — Tax Code: Tax Code (2 Oct 2007)

Brian Cowen: I propose to take Questions Nos. 184 to 186, inclusive, together. I am informed by the Revenue Commissioners that the amount of stamp duty refunded under the provisions of the Finance (No.2) Act 2007 up to and including 26 September 2007, and the numbers of associated transactions, are as follows. Stamp Duties refunded to first time buyers Range Number of Transactions Total amount refunded...

Written Answers — Departmental Bodies: Departmental Bodies (2 Oct 2007)

Brian Cowen: In the time available, it has not been possible to collate the data required by the Deputy. This process is underway and my Department will forward the information to the Deputy as soon as the process is completed.

Written Answers — Departmental Bodies: Departmental Bodies (2 Oct 2007)

Brian Cowen: In the time available, it has not been possible to collate the data required by the Deputy. This process is underway and my Department will forward the information to the Deputy as soon as the process is completed.

Written Answers — Ministerial Appointments: Ministerial Appointments (2 Oct 2007)

Brian Cowen: I have made no appointments to boards under the aegis of my Department since 1 July 2007. However, as part of a Government decision, it has been decided to make the following reappointments to a body under the aegis of my Department. Name of Body Name of Appointee Date Appointed Civil Service Arbitration Board Mr James Connolly Reappointed 11 July 2007