Results 8,201-8,220 of 27,019 for speaker:Michael Noonan
- Written Answers — Department of Finance: Tax Code (13 Dec 2012)
Michael Noonan: I am advised by the Revenue Commissioners, that in accordance with the provisions of Section 1095 (3) of the Taxes Consolidation Act, 1997 where a person who is in compliance with the obligations imposed on the person by the Acts in relation to: (a) the payment or remittance of any taxes, interest or penalties required to be paid or remitted under the Acts, and (b) the delivery of any...
- Written Answers — Department of Finance: National Asset Management Agency (13 Dec 2012)
Michael Noonan: I propose to take Questions Nos. 68 and 69 together. NAMA advises that it has identified 3,879 residential properties controlled by its debtors and receivers as being available for social housing provision. This represents a very substantial contribution by NAMA in the context of the limited number of available residential properties in Ireland controlled by its debtors and receivers and...
- Order of Business (14 Dec 2012)
Michael Noonan: The Abbey has moved to Cork.
- Order of Business (14 Dec 2012)
Michael Noonan: Fianna Fáil provided the backdrop to the introduction of the property tax.
- Credit Institutions (Stabilisation) Act 2010: Motion (14 Dec 2012)
Michael Noonan: I move:That Dáil Éireann resolves for the purposes of section 69 of the Credit Institutions (Stabilisation) Act 2010, that with effect as on and from the date of this Resolution, in subsection (1) of the said section 69 for the words '31 December 2012' there shall be substituted the words '31 December 2014'."The motion before the House seeks to have the period of effectiveness of...
- Credit Institutions (Stabilisation) Act 2010: Motion (14 Dec 2012)
Michael Noonan: An early Christmas in Killiney.
- Credit Institutions (Stabilisation) Act 2010: Motion (14 Dec 2012)
Michael Noonan: I thank all of the Deputies who contributed to the debate and Deputy Michael McGrath for his support. A key commitment given in the troika support programme was that there would be comprehensive restructuring of the banking system. The Credit Institutions (Stabilisation) Act provides the broad powers needed to act, on financial stability grounds, to effect necessary restructuring actions...
- Finance (Local Property Tax) Bill 2012: Second Stage (14 Dec 2012)
Michael Noonan: I move: "That the Bill be now read a Second Time." The introduction of the local property tax will deliver significant economic and fiscal reform through broadening the revenue base to pay for vital public services in a manner that does not directly impact on employment. It will be fair and progressive, with the owners of the most valuable properties paying the most property tax. The...
- Finance (Local Property Tax) Bill 2012: Second Stage (14 Dec 2012)
Michael Noonan: Part 3, made up of sections 11 and 12, contains the rules regarding liable persons. In general, the liable person will be the person who is the owner of the property. A person with a leasehold interest is liable if the term of the lease can equal or exceed 20 years or where a person has a life interest in the property. In the case of property held under trust, the trustees and...
- Finance (Local Property Tax) Bill 2012: Second Stage (14 Dec 2012)
Michael Noonan: I encourage the Opposition to join the Government in suggesting positive measures that will support job creation and secure the funding for public services. I commend the Bill to the House.
- Finance (Local Property Tax) Bill 2012: Committee Stage (18 Dec 2012)
Michael Noonan: I raise a point of order. I think I should have read the financial resolution before the debate began.
- Finance (Local Property Tax) Bill 2012: Committee Stage (18 Dec 2012)
Michael Noonan: Me too.
- Finance (Local Property Tax) Bill 2012: Committee Stage (18 Dec 2012)
Michael Noonan: The first half hour has been wasted by the Opposition on total bombast.
- Finance (Local Property Tax) Bill 2012: Committee Stage (Resumed) and Remaining Stages (18 Dec 2012)
Michael Noonan: I thank all the Deputies who contributed. Once it settled down, there were some very interesting interventions and comments. I will not be able to reply to everything because if I do, I will take up the rest of the time that is available but I would like to deal with a few points that were reflected across the House.
- Finance (Local Property Tax) Bill 2012: Committee Stage (Resumed) and Remaining Stages (18 Dec 2012)
Michael Noonan: The initial criticism is that we are guillotining the Bill and it is being put through without adequate debate. Very often, budgetary measures are put through on that basis. From time immemorial, the Financial Resolutions are taken on budget night for the text changes and they must be put through before midnight. In recent years, the social welfare Bill has been taken in a very short time...
- Finance (Local Property Tax) Bill 2012: Committee Stage (Resumed) and Remaining Stages (18 Dec 2012)
Michael Noonan: If Deputies do not want to hear me, I will sit down and they can ramble on like they did for the past hour and a half. If they want me to reply, I will reply so which is it?
- Finance (Local Property Tax) Bill 2012: Committee Stage (Resumed) and Remaining Stages (18 Dec 2012)
Michael Noonan: The Revenue Commissioners, who have been charged with collecting this tax, have informed me that if we legislate in the Finance Bill, it will be too late for them to make the arrangements they require to collect the tax so they have advised me that we should legislate before Christmas so they have certainty about the provisions of the Bill and can make the arrangements for the tax. That is...
- Finance (Local Property Tax) Bill 2012: Committee Stage (Resumed) and Remaining Stages (18 Dec 2012)
Michael Noonan: It is a tax which will be used by local authorities.
- Finance (Local Property Tax) Bill 2012: Committee Stage (Resumed) and Remaining Stages (18 Dec 2012)
Michael Noonan: In the first year 65% of it will be transferred to local authorities, because obviously administrative measures must be put in place, and this percentage will increase. Over the space of a couple of years the total amount collected through this tax will be used by local authorities to fund the services they provide. When the estimate is being prepared by the new local authorities at the end...
- Finance (Local Property Tax) Bill 2012: Committee Stage (Resumed) and Remaining Stages (18 Dec 2012)
Michael Noonan: I am not putting taxes on work.