Results 7,121-7,140 of 16,492 for speaker:Ciarán Lynch

Committee on Finance, Public Expenditure and Reform: Joint Sub-Committee on Global Corporate Taxation: Ireland's Corporate Tax System: Discussion (27 May 2014)

Ciarán Lynch: With regard to the flexibilities of nation states, even in the European context, every state can set its own tax code at the moment. With regard to the global architecture, is Mr. McCaughey of the view that there should be a baseline position that is established that is universally agreed regardless of whether it is through the OECD, the G20 or the EU and that there would be a degree of...

Committee on Finance, Public Expenditure and Reform: Joint Sub-Committee on Global Corporate Taxation: Ireland's Corporate Tax System: Discussion (27 May 2014)

Ciarán Lynch: Does Mr. Keegan wish to add anything before I return to Mr. McCaughey?

Committee on Finance, Public Expenditure and Reform: Joint Sub-Committee on Global Corporate Taxation: Ireland's Corporate Tax System: Discussion (27 May 2014)

Ciarán Lynch: I invite Mr. McCaughey to make his concluding remarks.

Committee on Finance, Public Expenditure and Reform: Joint Sub-Committee on Global Corporate Taxation: Ireland's Corporate Tax System: Discussion (27 May 2014)

Ciarán Lynch: I thank Mr. Keegan and Mr. McCaughey for assisting the sub-committee in its work this afternoon. I appreciate their efforts to make their contributions understandable and accessible to any observer of these proceedings. We intend to deal with a number of modules in the course of our deliberations on this issue in the coming period, after which we will issue a final report. In drawing up...

Written Answers — Department of Finance: Tax Credits (28 May 2014)

Ciarán Lynch: 54. To ask the Minister for Finance if consideration has been given to extending joint assessment for tax credits to cohabiting couples with dependants; and if he will make a statement on the matter. [23523/14]

Written Answers — Department of Health: Medical Card Eligibility (28 May 2014)

Ciarán Lynch: 121. To ask the Minister for Health if he will review the refusal of a medical card in respect of a person (details supplied) in County Tipperary in view of the fact that their condition is incurable and progressive and that a medical card was provided since diagnosis; and if he will make a statement on the matter. [23455/14]

Committee on Finance, Public Expenditure and Reform: Joint Sub-Committee on Global Corporate Taxation: Ireland's Corporate Tax System: (Resumed) KPMG and Unite (28 May 2014)

Ciarán Lynch: Before we commence, I remind members, delegates and those in the Visitors Gallery that all mobile phones must be switched off completely to avoid interference with the broadcasting of proceedings. I welcome Mr. Conor O'Brien, head of tax and legal services at KPMG, Dublin, and Mr. Michael Taft, research officer with the Unite union. It is proposed that Mr. O'Brien and Mr. Taft will each make...

Committee on Finance, Public Expenditure and Reform: Joint Sub-Committee on Global Corporate Taxation: Ireland's Corporate Tax System: (Resumed) KPMG and Unite (28 May 2014)

Ciarán Lynch: I thank Mr. Taft for bringing it to our attention.

Committee on Finance, Public Expenditure and Reform: Joint Sub-Committee on Global Corporate Taxation: Ireland's Corporate Tax System: (Resumed) KPMG and Unite (28 May 2014)

Ciarán Lynch: Thank you Mr. Taft and Mr. O'Brien. We will now proceed with the questions. We will break the questions down into 15 minutes slots. These committee meetings are broadcast live either on a unified streaming platform, USP, the web and so forth. For a layperson looking in on this the easiest way to explain the effective tax rate for a PAYE worker is in terms of net take home pay as opposed...

Committee on Finance, Public Expenditure and Reform: Joint Sub-Committee on Global Corporate Taxation: Ireland's Corporate Tax System: (Resumed) KPMG and Unite (28 May 2014)

Ciarán Lynch: I will probably come back to you on the matter, Mr. O'Brien. My next question is in regard to the comparative nature of taxation. Mr. Taft, what is your definition?

Committee on Finance, Public Expenditure and Reform: Joint Sub-Committee on Global Corporate Taxation: Ireland's Corporate Tax System: (Resumed) KPMG and Unite (28 May 2014)

Ciarán Lynch: Can I ask the two Deputies, please, to stop talking to one another. It is highly rude and it is intervening in the process we are trying to conduct. Can both of you please desist? Thank you.

Committee on Finance, Public Expenditure and Reform: Joint Sub-Committee on Global Corporate Taxation: Ireland's Corporate Tax System: (Resumed) KPMG and Unite (28 May 2014)

Ciarán Lynch: That brings me to my next question, which relates to scrutiny that effective tax rates are given throughout the European Union and OECD countries. Let us consider the House of Commons report, the Senate report and so on. We must take into account the individual national motivation behind reports because we are in a competitive global economy and, therefore, taxation gives a competitive edge...

Committee on Finance, Public Expenditure and Reform: Joint Sub-Committee on Global Corporate Taxation: Ireland's Corporate Tax System: (Resumed) KPMG and Unite (28 May 2014)

Ciarán Lynch: For example, the French corporation tax rate is 20% or 26% but one could argue the effective tax rate there is actually lower than the Irish effective tax rate. Is our effective tax rate closer to what its says on the tin by comparison with other countries?

Committee on Finance, Public Expenditure and Reform: Joint Sub-Committee on Global Corporate Taxation: Ireland's Corporate Tax System: (Resumed) KPMG and Unite (28 May 2014)

Ciarán Lynch: What is the effective tax rate?

Committee on Finance, Public Expenditure and Reform: Joint Sub-Committee on Global Corporate Taxation: Ireland's Corporate Tax System: (Resumed) KPMG and Unite (28 May 2014)

Ciarán Lynch: It is up to an individual nation state to decide on its corporation tax. We can decide whether it should be 99.9% or 1%. Scrutiny measures that apply across many OECD and European countries focus on the margin between the corporate rate and the effective rate. How does Ireland perform in that regard?

Committee on Finance, Public Expenditure and Reform: Joint Sub-Committee on Global Corporate Taxation: Ireland's Corporate Tax System: (Resumed) KPMG and Unite (28 May 2014)

Ciarán Lynch: I want to separate tax evasion from tax avoidance and tax compliance. Our main project here is to consider the architecture of the application of global taxation, considering what is happening in that arena and Ireland's place and position in that, what we can do, what we can not do, what we can do unilaterally and what we have to do in other contexts. To use the analogy I used earlier, for...

Committee on Finance, Public Expenditure and Reform: Joint Sub-Committee on Global Corporate Taxation: Ireland's Corporate Tax System: (Resumed) KPMG and Unite (28 May 2014)

Ciarán Lynch: There will be no change to the effective tax rate.

Committee on Finance, Public Expenditure and Reform: Joint Sub-Committee on Global Corporate Taxation: Ireland's Corporate Tax System: (Resumed) KPMG and Unite (28 May 2014)

Ciarán Lynch: In the broad context, there is a strong argument that everybody must jump together on this issue if a solution is to be found. Is there anything we can do in isolation that adjusts the type of anomalies Mr. Taft has described, or can we do something to our effective tax rate system that makes it stand up better to scrutiny and comparative analysis with other regions?

Committee on Finance, Public Expenditure and Reform: Joint Sub-Committee on Global Corporate Taxation: Ireland's Corporate Tax System: (Resumed) KPMG and Unite (28 May 2014)

Ciarán Lynch: I will continue a point made by Deputy Stanley on a proposed re-examination of the Irish corporation tax rate. A multiplicity of factors are involved; there is the impact on the FDI currently resident in Ireland and also in terms of the situation for Mr. O’Brien with regard to future FDI. Is there a possibility of damage if one starts to move the figure around? What are the...

Committee on Finance, Public Expenditure and Reform: Joint Sub-Committee on Global Corporate Taxation: Ireland's Corporate Tax System: (Resumed) KPMG and Unite (28 May 2014)

Ciarán Lynch: My question relates to Deputy Murphy’s question on reputational damage. One person’s reputational damage could be interpreted by others as an advertisement for this country. My question relates to certainty. If one moves the figure one will create uncertainty as to where the figure will go in the future. What are the implications arising from the uncertainty?