Results 7,621-7,640 of 18,851 for speaker:Fergus O'Dowd

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Betting (Amendment) Bill 2013: Committee Stage (9 Jul 2014)

Fergus O'Dowd: Until the legislation is passed, we will not be able to collect the levy. When companies are licensed to offer betting services in this jurisdiction, they will become liable to the taxes on bets and it will be gathered by the Revenue Commissioners in the normal way. It is expected that €20 million will be collected once the licensing regime for the online sector is in place.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Betting (Amendment) Bill 2013: Committee Stage (9 Jul 2014)

Fergus O'Dowd: I presume the quicker it is passed, the quicker one can collect the levy.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Betting (Amendment) Bill 2013: Committee Stage (9 Jul 2014)

Fergus O'Dowd: While there has traditionally been a link between revenues accruing from betting taxes and the allocation to the horse and greyhound fund, there is no hypothecation of these revenues and, therefore, there is no direct link.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Betting (Amendment) Bill 2013: Committee Stage (9 Jul 2014)

Fergus O'Dowd: I am just reading the note here. I am told it is a tradition. I can give the Deputy a note to explain the Department's view, which is that it does not apply and there is no hypothecation.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Betting (Amendment) Bill 2013: Committee Stage (9 Jul 2014)

Fergus O'Dowd: All receipts from the betting levy will go to the Exchequer. The funding of the horse and greyhound fund is a matter for discussion between the Ministers for Agriculture, Food and the Marine and Public Expenditure and Reform in the context of the annual Estimates campaign. I will share the note with the Deputy and if he wishes to table an amendment-----

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Betting (Amendment) Bill 2013: Committee Stage (9 Jul 2014)

Fergus O'Dowd: Of course.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Betting (Amendment) Bill 2013: Committee Stage (9 Jul 2014)

Fergus O'Dowd: Hopefully, the note will clarify it. The Minister's clear view is that there is no hypothecation or link in law. The Minister has said the more revenue he collects, the more places to which it can be distributed.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Betting (Amendment) Bill 2013: Committee Stage (9 Jul 2014)

Fergus O'Dowd: I move amendment No. 19: In page 36, to delete lines 16 to 46, and in page 37, to delete lines 1 to 28 and substitute the following:“ “Unlawful conduct 32A. (1) A person shall not provide any service or facility to a person who contravenes section 2 that—(a) will enable the second-mentioned person to have access to or use any internet address or any internet domain (or...

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Betting (Amendment) Bill 2013: Committee Stage (9 Jul 2014)

Fergus O'Dowd: I move amendment No. 20: In page 37, line 31, to delete “32B.—A notice” and substitute “32C. A notice”.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Betting (Amendment) Bill 2013: Committee Stage (9 Jul 2014)

Fergus O'Dowd: I move amendment No. 21: In page 38, line 1, to delete “32C.—Where” and substitute “32D. Where”.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Betting (Amendment) Bill 2013: Committee Stage (9 Jul 2014)

Fergus O'Dowd: I move amendment No. 22: In page 38, line 11, to delete “32D.—(1)(a) The” and substitute “32E. (1)(a) The”.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Betting (Amendment) Bill 2013: Committee Stage (9 Jul 2014)

Fergus O'Dowd: I move amendment No. 23: In page 39, to delete lines 35 to 41 and substitute the following:“(a) the substitution of the following definition for the definition of “remote betting intermediary” (inserted by subparagraph (i) of paragraph (a) of subsection (1) of section 54 of the Finance (No. 2) Act 2013):“ ‘remote betting intermediary’ means a person...

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Betting (Amendment) Bill 2013: Committee Stage (9 Jul 2014)

Fergus O'Dowd: I move amendment No. 24: In page 39, to delete lines 46 to 48, and in page 40, to delete lines 1 to 3 and substitute the following: “(c) the substitution of the following definition for the definition of “remote bookmaker” (inserted by subparagraph (ii) of paragraph (a) of subsection (1) of section 54 of the Finance (No. 2) Act 2013):“ ‘remote...

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Betting (Amendment) Bill 2013: Committee Stage (9 Jul 2014)

Fergus O'Dowd: I move amendment No. 25: In page 40, to delete lines 8 to 14 and substitute the following:“(e) the deletion of the definition of “remote means” (inserted by subparagraph (iii) of paragraph (a) of subsection (1) of section 54 of the Finance (No. 2) Act 2013).”.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Betting (Amendment) Bill 2013: Committee Stage (9 Jul 2014)

Fergus O'Dowd: I move amendment No. 26: In page 40, line 20, to delete “€5,000” and substitute “€10,000”.These amendments are required to reflect changes introduced in the Finance (No. 2) Act 2013 which provided for the extension of the licensing period from one year to two years and the consequent increase in excise licence fees.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Betting (Amendment) Bill 2013: Committee Stage (9 Jul 2014)

Fergus O'Dowd: I move amendment No. 27: In page 40, line 26, to delete “€5,000” and substitute “€10,000”.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Betting (Amendment) Bill 2013: Committee Stage (9 Jul 2014)

Fergus O'Dowd: There is no betting duty on it.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Betting (Amendment) Bill 2013: Committee Stage (9 Jul 2014)

Fergus O'Dowd: The points made by the Deputies are very well made and will need to be properly examined. As they have acknowledged, this is the start of the process. Clearly once the gambling control regulator is in place, all these issues will need to be addressed. The Deputies are pushing an open door in terms of the points they are making. I will obviously bring their points to the Minister's...

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Betting (Amendment) Bill 2013: Committee Stage (9 Jul 2014)

Fergus O'Dowd: Our former colleagues, Mr. Brendan McGahon and Mr. Charlie McCreevy, made the argument in the past about doing away with betting tax. There was a major campaign at the time. It might have been in the 1980s. They succeeded and they claimed there was an exponential increase in betting as a result. The points are very well made and I think the Minister will pay attention to them.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Betting (Amendment) Bill 2013: Committee Stage (9 Jul 2014)

Fergus O'Dowd: Who won the match?