Results 9,741-9,760 of 26,902 for speaker:Richard Boyd Barrett
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2015: Committee Stage (Resumed) (18 Nov 2015)
Richard Boyd Barrett: I am dealing with the Bill. We need to understand what is at stake.
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2015: Committee Stage (Resumed) (18 Nov 2015)
Richard Boyd Barrett: Estimates have been put on the amount of tax Apple would have to pay back in the event of an adverse ruling. The signals are that the European Commission believes we engaged in state aid in making special deals with companies such as Apple in order for them to avoid paying tax. I believe that to be the case, as do many others. That is why there is an investigation. The upper estimates of...
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2015: Committee Stage (Resumed) (18 Nov 2015)
Richard Boyd Barrett: But I do not believe him.
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2015: Committee Stage (Resumed) (18 Nov 2015)
Richard Boyd Barrett: Robin Hood would be very good.
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2015: Committee Stage (Resumed) (18 Nov 2015)
Richard Boyd Barrett: I do not have a problem with a Minister or the Government consulting anybody. I was referring to the fact that, according to the reports, the Minister for Jobs, Enterprise and Innovation, Deputy Richard Bruton, was discussing the knowledge development box with multinationals and essentially seeking their approval. He received very positive feedback. There have been many such meetings with...
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2015: Committee Stage (Resumed) (18 Nov 2015)
Richard Boyd Barrett: The policy of the Government and the previous Fianna Fáil Government is and was to dance to the tune of the multinationals in how we design the tax code. That is not right. The amount of tax they pay on their profits is shockingly low and obscene compared to the amount ordinary workers must pay and we should seek more from them. Our proposal is to charge them 12.5% as a minimum...
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2015: Committee Stage (Resumed) (18 Nov 2015)
Richard Boyd Barrett: It could become more of a factor. Why do we not have the money to provide affordable accommodation? The answer is we will not make these companies pay taxes to contribute to our universities and infrastructure, including water infrastructure, on which they rely heavily. They do not want to pay anything towards the cost of our infrastructure and we are facilitating them. It is a pity we do...
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2015: Committee Stage (Resumed) (18 Nov 2015)
Richard Boyd Barrett: I have just one specific question. The general issues have been bashed around and will be again on Report Stage. Will there be an upper limit on the amount of relief a company can get? The Minister of State spoke about small and medium enterprises, and I am all for incentivising small and medium enterprises, but I do not believe they will be the main beneficiaries. If it was targeted at...
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2015: Committee Stage (Resumed) (18 Nov 2015)
Richard Boyd Barrett: Why not?
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2015: Committee Stage (Resumed) (18 Nov 2015)
Richard Boyd Barrett: To stop-----
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2015: Committee Stage (Resumed) (18 Nov 2015)
Richard Boyd Barrett: No, no.
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2015: Committee Stage (Resumed) (18 Nov 2015)
Richard Boyd Barrett: All the information on HSBC which came from Swiss leaks showed all the tax avoidance that was going on. This was leaked to several European Governments before it was leaked to the media and absolutely nothing happened. As a result of the inaction of governments across Europe, it was leaked to a host of international media organisations which then published the information. That is one...
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2015: Committee Stage (Resumed) (18 Nov 2015)
Richard Boyd Barrett: The Government is afraid of them.
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2015: Committee Stage (Resumed) (18 Nov 2015)
Richard Boyd Barrett: The Government is afraid of saying "Boo" to the multinationals. When we were discussing the effect of corporate tax rates, we were not allowed to have Apple or any other multinational appear before the committee.
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2015: Committee Stage (Resumed) (18 Nov 2015)
Richard Boyd Barrett: We can ask the banks to appear but we cannot ask these companies. We are afraid of them.
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2015: Committee Stage (Resumed) (18 Nov 2015)
Richard Boyd Barrett: Yes. The Chairman was afraid of them.
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2015: Committee Stage (Resumed) (18 Nov 2015)
Richard Boyd Barrett: Come on.
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2015: Committee Stage (Resumed) (18 Nov 2015)
Richard Boyd Barrett: The Government did not even want a discussion on whether multinationals should have appeared before us in public.
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2015: Committee Stage (Resumed) (18 Nov 2015)
Richard Boyd Barrett: I am not.
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2015: Committee Stage (Resumed) (18 Nov 2015)
Richard Boyd Barrett: The American Congress had them attend, but we could not. The British Parliament had them attend, but we could not.