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Committee on Finance, Public Expenditure and Reform: Joint Sub-Committee on Global Corporate Taxation: Reform of Global System of Corporation Tax: EU Commission and KPMG (11 Jun 2014)

Pearse Doherty: Yes.

Committee on Finance, Public Expenditure and Reform: Joint Sub-Committee on Global Corporate Taxation: Reform of Global System of Corporation Tax: EU Commission and KPMG (11 Jun 2014)

Pearse Doherty: The Department issued a strong statement before the Commission statement was made. It defended its position and indicated the period covered was between 2004 and 2014. The evidence provided to the US McCain hearings with the company's chief executive was that since the early 1990s, the Irish Government had calculated Apple's taxable income in a way so as to produce an effective tax rate in...

Committee on Finance, Public Expenditure and Reform: Joint Sub-Committee on Global Corporate Taxation: Reform of Global System of Corporation Tax: EU Commission and KPMG (11 Jun 2014)

Pearse Doherty: At the centre of this is the payment of royalties, licences and profit shifting. With Ireland, and considering the 2007 figures for multinationals, the royalties and licences transferred out amounted to €18.6 billion. The 2012 figures are provisional but they amount to €32 billion, or almost double the amount from 2007. Nevertheless, profits dipped from €26 billion in...

Committee on Finance, Public Expenditure and Reform: Joint Sub-Committee on Global Corporate Taxation: Reform of Global System of Corporation Tax: EU Commission and KPMG (11 Jun 2014)

Pearse Doherty: To follow up on that, and Mr. Lynch is welcome to intervene on this as well, I am not asking Mr. Kermode to go into details about an individual company, although we have discussed Apple because it is in the middle of a formal investigation and it is encompassed by these figures in a big way. However, this is applicable across the State. Perhaps the best way to look at this is to compare it...

Committee on Finance, Public Expenditure and Reform: Joint Sub-Committee on Global Corporate Taxation: Reform of Global System of Corporation Tax: EU Commission and KPMG (11 Jun 2014)

Pearse Doherty: One can make statements of fact. Otherwise we would be unable to talk about any entity in this committee, be it a financial institution or whatever. One can make statements of fact, but one is not allowed to make charges.

Committee on Finance, Public Expenditure and Reform: Joint Sub-Committee on Global Corporate Taxation: Reform of Global System of Corporation Tax: EU Commission and KPMG (11 Jun 2014)

Pearse Doherty: I have question for Mr. Lynch that stems from his paper about the boardroom and tax planning. I am sure Mr. Lynch was the partner in KPMG who wrote it. He talked about the morality of tax planning, how it has become fashionable to talk about aggressive tax planning and morals and how we should not consider tax and morals because we get into trouble and that we should just look at the law....

Committee on Finance, Public Expenditure and Reform: Joint Sub-Committee on Global Corporate Taxation: Reform of Global System of Corporation Tax: EU Commission and KPMG (11 Jun 2014)

Pearse Doherty: I am sure he is delighted I am quoting papers he wrote five or six years ago.

Written Answers — Department of Education and Skills: School Staffing (12 Jun 2014)

Pearse Doherty: 94. To ask the Minister for Education and Skills if he will consider allocating a school (details supplied) in County Donegal with a base post as it has been allocated 17.425 resource hours bearing in mind it has another child enrolled in September who will require additional resource hours. [25104/14]

Written Answers — Department of Communications, Energy and Natural Resources: Broadcasting Sector Regulation (12 Jun 2014)

Pearse Doherty: 140. To ask the Minister for Communications, Energy and Natural Resources the reason a person has not had a resolution to the investigation by ComReg into the operations of a company (details supplied), despite regulations having been put in place to protect consumers; and if he will make a statement on the matter. [25103/14]

Written Answers — Department of Finance: Property Taxation Yield (17 Jun 2014)

Pearse Doherty: 169. To ask the Minister for Finance if he will provide in tabular form the revenue raised in each local authority area from local property tax in 2013; and the expected revenue to be raised for 2014 in each local authority from the tax. [25781/14]

Written Answers — Department of Finance: Insurance Industry Regulation (17 Jun 2014)

Pearse Doherty: 148. To ask the Minister for Finance further to Parliamentary Question No. 42 of 4 June 2014 his views on whether there is a discrepancy in his statement that notice did not advise that it would be business-as-usual for claims settlement and the section 5 under questions and answers in a document (details supplied) which states Setanta Insurance Company Limited has advised the Malta Financial...

Written Answers — Department of Finance: Insurance Industry Regulation (17 Jun 2014)

Pearse Doherty: 149. To ask the Minister for Finance under SI 74 of 2007 the final date legally on which an offer for renewal sent on the 27 January by an insurance intermediary will be finalised. [25300/14]

Written Answers — Department of Finance: IBRC Liquidation (17 Jun 2014)

Pearse Doherty: 159. To ask the Minister for Finance to detail the dates on which the sale of each commercial loan book at Irish Bank Resolution Corporation was agreed; and the dates on which the companies to which each loan book was sold were set up. [25508/14]

Written Answers — Department of Finance: IBRC Liquidation (17 Jun 2014)

Pearse Doherty: 160. To ask the Minister for Finance to explain the position in respect of the rights of borrowers whose commercial loans at Irish Bank Resolution Corporation have been sold on to know the full details of the buyer of their loans. [25509/14]

Written Answers — Department of Finance: IBRC Liquidation (17 Jun 2014)

Pearse Doherty: 161. To ask the Minister for Finance if the buyers of commercial loan books at Irish Bank Resolution Corporation have agreed to abide by the relevant code of conduct on business borrower-lender relationships; and the legal status of these codes. [25510/14]

Written Answers — Department of Finance: European Stability Mechanism (17 Jun 2014)

Pearse Doherty: 167. To ask the Minister for Finance to outline the national measures required to implement the political agreement on the ESM direct recapitalisation instrument; and if he will make a statement on the matter. [25684/14]

Written Answers — Department of Finance: Banking Sector Remuneration (17 Jun 2014)

Pearse Doherty: 170. To ask the Minister for Finance if he will provide in tabular form for each of Bank of Ireland, Allied Irish Banks, Permanent TSB, National Treasury Management Agency and the National Asset Management Agency, the number of retired employees currently being paid a pension of between €100,000 to €200,000; €200,001 to €300,000; €300,001 to €400,000;...

Written Answers — Department of Finance: Banking Sector Remuneration (17 Jun 2014)

Pearse Doherty: 171. To ask the Minister for Finance if he will provide in tabular form for each of Bank of Ireland, Allied Irish Banks, Permanent TSB, National Treasury Management Agency and the National Asset Management Agency the number of retired employees currently on a total remuneration package between €100,000 to €200,000; €200,001 to €300,000; €300,001 to...

Written Answers — Department of Finance: Banking Sector Remuneration (17 Jun 2014)

Pearse Doherty: 172. To ask the Minister for Finance further to Parliamentary Questions Nos 149 of 13 December 2013, 184 of 28 January 2014, and 172 and 174 of 15 April 2014 if before replying he or his officials made any attempt to contact the banks in question to ascertain the information; and if not, the reason for same. [25784/14]

Written Answers — Department of Finance: Banking Sector Redundancies (17 Jun 2014)

Pearse Doherty: 183. To ask the Minister for Finance if AIB is planning to reduce its non-finance staff; and the way it is planning to do so. [25922/14]

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