Results 9,661-9,680 of 26,610 for speaker:David Cullinane

Public Accounts Committee: 2015 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2015
Chapter 2 - Government Debt
Chapter 18 - Irish Fiscal Advisory Council
Finance Accounts 2015 (6 Jul 2017)

David Cullinane: Did it report back to him?

Public Accounts Committee: 2015 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2015
Chapter 2 - Government Debt
Chapter 18 - Irish Fiscal Advisory Council
Finance Accounts 2015 (6 Jul 2017)

David Cullinane: Could Mr. Moran furnish the committee with any report or examples of references to price fixing? Is it possible for him to find out whether the working group examined that issue?

Public Accounts Committee: 2015 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2015
Chapter 2 - Government Debt
Chapter 18 - Irish Fiscal Advisory Council
Finance Accounts 2015 (6 Jul 2017)

David Cullinane: Yes, it would be helpful if Mr. Moran could report back.

Public Accounts Committee: 2015 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2015
Chapter 2 - Government Debt
Chapter 18 - Irish Fiscal Advisory Council
Finance Accounts 2015 (6 Jul 2017)

David Cullinane: Could Mr. Moran tell me which Department is responsible for working out compliance with the fiscal rules?

Public Accounts Committee: 2015 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2015
Chapter 2 - Government Debt
Chapter 18 - Irish Fiscal Advisory Council
Finance Accounts 2015 (6 Jul 2017)

David Cullinane: Does the Department of Finance do that in conjunction with the Department of Public Expenditure and Reform or by itself?

Public Accounts Committee: 2015 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2015
Chapter 2 - Government Debt
Chapter 18 - Irish Fiscal Advisory Council
Finance Accounts 2015 (6 Jul 2017)

David Cullinane: So it would be mainly the Department of Finance?

Public Accounts Committee: 2015 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2015
Chapter 2 - Government Debt
Chapter 18 - Irish Fiscal Advisory Council
Finance Accounts 2015 (6 Jul 2017)

David Cullinane: We often hear from some commentators that politicians, particularly those of us in Leinster House, live in a bubble but it is nothing compared to the officials in the Department of Finance because I do not see any empathy in some of the commentary I have heard regarding the level of pressure on public spending and ordinary working people. That is a different story and it is just my opinion....

Public Accounts Committee: 2015 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2015
Chapter 2 - Government Debt
Chapter 18 - Irish Fiscal Advisory Council
Finance Accounts 2015 (6 Jul 2017)

David Cullinane: It was the Minister for Finance.

Public Accounts Committee: 2015 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2015
Chapter 2 - Government Debt
Chapter 18 - Irish Fiscal Advisory Council
Finance Accounts 2015 (6 Jul 2017)

David Cullinane: Yes. Can Mr. McCarthy or Mr. Moran outline the work the Department has undertaken to seek changes to the fiscal rules? We have heard a great deal from a lot of commentators and Mr. McCarthy and Mr. Moran will be aware that the Committee on Budgetary Oversight has done much work examining capital spend with regard to fiscal rules. We know there is some flexibility with smoothing the spend...

Public Accounts Committee: 2015 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2015
Chapter 2 - Government Debt
Chapter 18 - Irish Fiscal Advisory Council
Finance Accounts 2015 (6 Jul 2017)

David Cullinane: I have listened for the last minute and a half and I have heard an awful lot of technical terminology. I would be very grateful if I could get specifics-----

Public Accounts Committee: 2015 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2015
Chapter 2 - Government Debt
Chapter 18 - Irish Fiscal Advisory Council
Finance Accounts 2015 (6 Jul 2017)

David Cullinane: -----in respect of what has been sought - I hope Mr. Moran will bear with me - from the European Commission in respect of changes to the application of fiscal rules, specifically in terms of capital spend.

Public Accounts Committee: 2015 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2015
Chapter 2 - Government Debt
Chapter 18 - Irish Fiscal Advisory Council
Finance Accounts 2015 (6 Jul 2017)

David Cullinane: What would be helpful----

Public Accounts Committee: 2015 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2015
Chapter 2 - Government Debt
Chapter 18 - Irish Fiscal Advisory Council
Finance Accounts 2015 (6 Jul 2017)

David Cullinane: It would be helpful if the witnesses could furnish this committee with examples of what they have sought and what they have achieved as well as examples of changes which were sought but not achieved. That would be helpful. Mr. McCarthy offered up a staunch defence of the fiscal rules a number of times. That is fair enough. He also spoke a number of times about the economic crash and said...

Public Accounts Committee: 2015 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2015
Chapter 2 - Government Debt
Chapter 18 - Irish Fiscal Advisory Council
Finance Accounts 2015 (6 Jul 2017)

David Cullinane: I am being very patient. I was one of those who campaigned against that referendum. It is very interesting that people who campaigned for it are now saying the fiscal rules are a "one size fits all" approach which needs to be changed. I welcome their conversion. In my view, which is possibly correct, it is possible that we have gone too far in the opposite direction and have put a...

Public Accounts Committee: 2015 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2015
Chapter 2 - Government Debt
Chapter 18 - Irish Fiscal Advisory Council
Finance Accounts 2015 (6 Jul 2017)

David Cullinane: This will absolutely be my last question. It says that the top ten returns accounted for almost two thirds of receipts with a similar share attributable to company directors or shareholders. This seems to be very similar to corporation tax in that it is peculiar to a small number of companies. Mr. Moran was asked earlier about the corporation tax for companies and he said that Revenue does...

Public Accounts Committee: 2015 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2015
Chapter 2 - Government Debt
Chapter 18 - Irish Fiscal Advisory Council
Finance Accounts 2015 (6 Jul 2017)

David Cullinane: If Mr. Moran is conscious of the overdependence and it is possible that it is not simply in the area of corporation tax but could also be in the area of CGT, would that information not be beneficial to him? As Accounting Officer and someone who has to make sure we do not repeat mistakes of the past, of which we were reminded several times by Mr. McCarthy, and in order to make sure there is...

Public Accounts Committee: 2015 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2015
Chapter 2 - Government Debt
Chapter 18 - Irish Fiscal Advisory Council
Finance Accounts 2015 (6 Jul 2017)

David Cullinane: Is it for reasons of data protection?

Public Accounts Committee: 2015 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2015
Chapter 2 - Government Debt
Chapter 18 - Irish Fiscal Advisory Council
Finance Accounts 2015 (6 Jul 2017)

David Cullinane: Without Revenue naming them, could it tell the Department that they are the same companies?

Public Accounts Committee: 2015 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2015
Chapter 2 - Government Debt
Chapter 18 - Irish Fiscal Advisory Council
Finance Accounts 2015 (6 Jul 2017)

David Cullinane: I will ask my final question. What I am saying is if there are, to take a round figure, ten companies in respect of which there is a concentration of corporation tax and then ten companies, or nine or whatever, in respect of which there is a concentration of capital gains tax, without Revenue giving the Department the names of the companies, could it at least give the Department data that...

Public Accounts Committee: 2015 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2015
Chapter 2 - Government Debt
Chapter 18 - Irish Fiscal Advisory Council
Finance Accounts 2015 (6 Jul 2017)

David Cullinane: Could Mr. Moran ask for that information and furnish the committee with it?