Results 6,801-6,820 of 15,555 for speaker:Eoghan Murphy

Finance Bill 2016: Report Stage (Resumed) and Final Stage (23 Nov 2016)

Eoghan Murphy: I move amendment No. 66:In page 56, to delete lines 39 to 41, and in page 57, to delete lines 1 to 5 and substitute the following:“(ii) for the purpose of the Capital Gains Tax Acts shall be treated as if any assets included in the transfer were acquired by the specified company on the date of transfer for consideration equal to the value of the assets in the accounts of the investment...

Finance Bill 2016: Report Stage (Resumed) and Final Stage (23 Nov 2016)

Eoghan Murphy: I move amendment No. 67:In page 57, to delete lines 28 to 31 and substitute the following:“(5) Any instrument giving effect to a transfer to which this section applies shall not be chargeable to stamp duty under the Stamp Duties Consolidation Act 1999.”.

Finance Bill 2016: Report Stage (Resumed) and Final Stage (23 Nov 2016)

Eoghan Murphy: I move amendment No. 68:In page 57, to delete lines 32 to 34 and substitute the following:“Transfer of IREF business to a REIT 739W. (1) In this section—‘property rental business’ has the meaning assigned to it by Part 25A; ‘qualifying REIT’ means a company which was not a REIT prior to giving the notice referred to in subsection (2)(a);...

Finance Bill 2016: Report Stage (Resumed) and Final Stage (23 Nov 2016)

Eoghan Murphy: I move amendment No. 69:In page 58, to delete line 22 and substitute “Declaration of pension schemes”.

Finance Bill 2016: Report Stage (Resumed) and Final Stage (23 Nov 2016)

Eoghan Murphy: I move amendment No. 70:In page 59, line 7, to delete “ceases to be a” and substitute “becomes a”.

Finance Bill 2016: Report Stage (Resumed) and Final Stage (23 Nov 2016)

Eoghan Murphy: I move amendment No. 71:In page 59, line 40, to delete “ceases to be a” and substitute “becomes a”.

Finance Bill 2016: Report Stage (Resumed) and Final Stage (23 Nov 2016)

Eoghan Murphy: I move amendment No. 72:In page 60, to delete line 4 and substitute “Declaration of investment undertaking”.

Finance Bill 2016: Report Stage (Resumed) and Final Stage (23 Nov 2016)

Eoghan Murphy: I move amendment No. 73:In page 60, line 26, to delete “ceases to be a” and substitute “becomes a”.

Finance Bill 2016: Report Stage (Resumed) and Final Stage (23 Nov 2016)

Eoghan Murphy: I move amendment No. 74:In page 61, line 11, to delete “ceases to be a” and substitute “becomes a”.

Finance Bill 2016: Report Stage (Resumed) and Final Stage (23 Nov 2016)

Eoghan Murphy: I move amendment No. 75:In page 62, to delete line 10 and substitute “Declaration of Credit Unions”.

Finance Bill 2016: Report Stage (Resumed) and Final Stage (23 Nov 2016)

Eoghan Murphy: I move amendment No. 76:In page 62, to delete line 26 and substitute “Declaration of qualifying company”.

Finance Bill 2016: Report Stage (Resumed) and Final Stage (23 Nov 2016)

Eoghan Murphy: On carrying out a study on introducing a financial transactions tax, FTT, I would refer to the joint Central Bank of Ireland-ESRI report published in April 2012 which considered the possible economic impact of the application of an FTT. The report analyses the potential economic impact on the financial industry at that stage based on the Commission’s 2011 FTT proposal. While I...

Finance Bill 2016: Report Stage (Resumed) and Final Stage (23 Nov 2016)

Eoghan Murphy: In 2010, the OECD published a report on the taxation of collective investment vehicles, or funds as they are more commonly referred to, which stressed the importance of tax neutrality for investments made through funds. As the investor will pay tax on any income received from the fund, any taxation at the fund level itself would result in double taxation. Without tax neutrality, the...

Finance Bill 2016: Report Stage (Resumed) and Final Stage (23 Nov 2016)

Eoghan Murphy: I thank Deputy Burton for acknowledging the fact that we have tried to provide as much information as possible where we can. In previous amendments in which there were requests for reports to provide information within a certain period of time, we have tried to be able to do that where possible. It is not a question of principle; it is a question of what information it is possible to...

Finance Bill 2016: Report Stage (Resumed) and Final Stage (23 Nov 2016)

Eoghan Murphy: I shall respond to Deputy Doherty's point. His comparison with 2006 is an interesting one because it shows a massive structural imbalance in terms of how property was invested, or the investment around property, in Ireland at the time. Of course we are talking about a real bubble event. The Deputy and I both know that from the work that we did on the banking inquiry. I refer to the almost...

Finance Bill 2016: Report Stage (Resumed) and Final Stage (23 Nov 2016)

Eoghan Murphy: Yes.

Finance Bill 2016: Report Stage (Resumed) and Final Stage (23 Nov 2016)

Eoghan Murphy: May I respond?

Finance Bill 2016: Report Stage (Resumed) and Final Stage (23 Nov 2016)

Eoghan Murphy: That is okay.

Finance Bill 2016: Report Stage (Resumed) and Final Stage (23 Nov 2016)

Eoghan Murphy: I will briefly speak directly to the amendment. We have, in other areas, tried to provide the information and make the compromises where we could without tying the legislation or the proposal in the amendment, as drafted, into the legislation, because the data would not be available. It is not that we have a principle of not wanting to provide the information when we can. It is just that...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Costs of Motor Insurance: Discussion (Resumed) (24 Nov 2016)

Eoghan Murphy: I thank the Joint Committee on Finance, Public Expenditure and Reform, and Taoiseach for this second invitation to discuss the emerging recommendations of the cost of insurance working group. I would like to update the committee today on the work I have been doing in the Department of Finance with the cost of insurance working group, which brings together all the relevant Departments and...