Results 9,081-9,100 of 32,864 for speaker:Paschal Donohoe

Written Answers — Department of Finance: Household Charge Administration (20 Jun 2017)

Paschal Donohoe: Revenue discontinued issuing paper receipts in respect of tax payments in July 2011 in accordance with Section 960E of the Taxes Consolidation Act (as amended). The paper receipts were replaced by an online facility, which is fully secure and available on a twenty four hour basis. The online facility has been available in respect of Local Property Tax since its commencement in 2013. In...

Written Answers — Department of Finance: Banking Operations (20 Jun 2017)

Paschal Donohoe: The question concerns mobile payment platforms that enable a consumer to make card payments using a mobile phone, tablet, watch or similar device. These platforms offer additional choice to consumers. Two international mobile payment platforms launched here over the past six months and several banks are already participating and offering these services. I am supportive of innovation...

Written Answers — Department of Finance: Financial Services Regulation (20 Jun 2017)

Paschal Donohoe: As I stated previously in a reply to a question regarding this issue on 1st June, Personal Contract Plans (PCP) are a form of Hire Purchase and both the Central Bank and the Competition and Consumer Protection Commission (CCPC) have certain functions and legal powers in relation to the provision of hire-purchase agreements. The CCPC is responsible under...

Written Answers — Department of Finance: Departmental Expenditure (20 Jun 2017)

Paschal Donohoe: Deputy, my Department has not made any payments to Trutz Haase Social and Economic Consultant for advice, the use of intellectual property and other services. I have provided in tabular format a listing of all Bodies under the Aegis of my Department including confirmation if they have employed the services of this company and details thereof where payments have been made. Body Amount paid...

Written Answers — Department of Finance: Economic Growth Initiatives (20 Jun 2017)

Paschal Donohoe: The compilation and publication of statistics on the economy, including GDP, is the responsibility of the Central Statistics Office (CSO), which is independent. Following the exceptional growth rate recorded in 2015 and the increasing limitations of GDP as a measure of economic activity in Ireland, an Economic Statistics Review Group (ESRG) was established by the CSO last year. The...

Written Answers — Department of Finance: GDP-GNP Levels (20 Jun 2017)

Paschal Donohoe: My Department published a report on 6th June 2017 entitled the "Annual Report on Public Debt in Ireland". This Report, which will be published annually, is on the Department's website at the following link: http://www.finance.gov.ie/sites/default/files/annual_debt_re port_2017%20%28002%29_0.pdf.  As the Deputy is aware, the 2017 Stability Programme Update projected that the debt to GDP...

Written Answers — Department of Finance: Banking Sector (20 Jun 2017)

Paschal Donohoe: In December of last year, following a competitive procurement process, three firms were appointed by my Department to act as joint global coordinators to lead a selling syndicate in preparation for an AIB IPO.  On the 23rd of March this year I further announced the addition of five joint book runners and a co-lead manager to the syndicate.  The syndicate banks have been appointed...

Written Answers — Department of Finance: Departmental Contracts (20 Jun 2017)

Paschal Donohoe: The Department of Finance appointed Goldman Sachs International in December 2015 to provide financial advice to the Department on the capital restructuring of AIB and in respect of the State's investments in AIB. As is customary in these type of engagements, the Goldman Sachs team advising the department was subject to strict confidentiality agreements which preclude them from sharing...

Written Answers — Department of Finance: Tax Code (20 Jun 2017)

Paschal Donohoe: Alcohol Products Tax is governed in the first instance by the EU Directive on the harmonisation of the structures of excise duties on alcohol. It is not possible to apply different rates based on where alcohol products are sold. In recent years my officials have examined proposals to address below cost selling of alcohol products, including a proposal for a "lid-on" levy...

Written Answers — Department of Finance: Corporation Tax Regime (20 Jun 2017)

Paschal Donohoe: I note the proposals that were announced by the Trump Administration for tax reform in recent months.  At this stage, we have yet to see the substantive detail of the overall package that will be proposed by the Trump Administration. Agreement between the House of Representatives, the U.S. Senate and President Trump will be needed before any changes can be introduced.  The exact...

Written Answers — Department of Finance: Film Industry Tax Reliefs (20 Jun 2017)

Paschal Donohoe: I am advised by Revenue that prior to 2015, the Film Relief scheme, provided for by Section 481 Taxes Consolidation Act (TCA) 1997, operated by giving relief to individuals and companies investing in the film industry. The information in respect of the tax cost and number of investors who claimed relief under section 481 for the years 2004 to 2014 is available on the Revenue Commissioners...

Written Answers — Department of Finance: Living City Initiative (20 Jun 2017)

Paschal Donohoe: The Living City Initiative was originally introduced in Finance Act 2013 on a pilot basis to encourage the regeneration of the historic cities of Waterford and Limerick. As you may be aware, the original intention was to restrict the scheme to Georgian houses.  The particular focus of the scheme was to encourage people back to the centres of these cities to live in historic buildings, in...

Written Answers — Department of Finance: Motor Insurance (20 Jun 2017)

Paschal Donohoe: As Minister for Finance, I am responsible for the development of the legal framework governing financial regulation.  Neither I nor the Central Bank of Ireland can interfere in the provision or pricing of insurance products, as these matters are of a commercial nature, and are determined by insurance companies based on an assessment of the risks they are willing to accept.  This...

Written Answers — Department of Finance: Appointments to State Boards (20 Jun 2017)

Paschal Donohoe: In response to the Deputy's question, I have been advised that no former TDs have been appointed to any of the eighteen bodies under the aegis of my Department by the public appointments service.

Written Answers — Department of Finance: Tax Code (20 Jun 2017)

Paschal Donohoe: I am advised by Revenue that there were outstanding compliance matters that gave rise to the company concerned being subject to a Relevant Contracts Tax deduction rate of 20%. There is one remaining compliance issue still to be resolved and once this is resolved the deduction rate will be amended to 0% by Revenue. I understand that Revenue will make direct contact with the company to clarify...

Written Answers — Department of Finance: Property Tax Exemptions (20 Jun 2017)

Paschal Donohoe: Local Property Tax (LPT) is a self-assessed tax that places the onus on property owners to correctly claim exemptions in accordance with the legislation as set down. As part of its LPT compliance programme, Revenue carries out ongoing checks to ensure the various exemptions are correctly claimed and must withdraw the relief and collect the outstanding liabilities where they are not...

Written Answers — Department of Finance: Disabled Drivers and Passengers Scheme (20 Jun 2017)

Paschal Donohoe: The Disabled Drivers and Disabled Passengers (Tax Concessions) Scheme provides relief from VAT and VRT, up to a certain limit, on the purchase of an adapted car for transport of a person with specific severe and permanent physical disabilities, payment of a fuel grant, and an exemption from Motor Tax. To qualify for the Scheme an applicant must be in possession of a Primary Medical...

Written Answers — Department of Finance: Stability and Growth Pact (20 Jun 2017)

Paschal Donohoe: I propose to take Questions Nos. 296 and 297 together. As the Deputy is aware projections of revenue and expenditure, as set out in Budget 2017 last October, were assessed as being broadly compliant by the European Commission. This included an expected deviation under the expenditure benchmark of approximately €200 million in relation to increased national contributions to the EU...

Written Answers — Department of Finance: Fiscal Policy (20 Jun 2017)

Paschal Donohoe: There are mechanisms for addressing non-compliance with the fiscal rules both domestically and in an EU Regulation, Council Regulation (EC) No 1466/97 on the strengthening of the surveillance of budgetary positions and the surveillance and coodination of economic policies. The Fiscal Responsibility Act of 2012 enshrines fiscal policy rules in law and established the Irish Fiscal Advisory...

Written Answers — Department of Finance: Departmental Expenditure (20 Jun 2017)

Paschal Donohoe: I wish to advise the Deputy that my Department has not incurred any cost in designing, implementing and supporting the Eircode system in each of the years from 2011 to 2016 and to date in 2017. Since the introduction of Eircode, efforts made by my Department in implementing it include incorporating Eircodes into all departmental/office addresses on our websites, on new stationery and...