Results 10,001-10,020 of 16,537 for speaker:Brian Lenihan Jnr

Finance Bill 2009: Report and Final Stages (27 May 2009)

Brian Lenihan Jnr: The accounts have their own mysteries and the methods of analysis and presentation which apply in respect of them are very different to those used by auditors and accountants involved in compiling general business and personal accounts. However, there is a way to read them if one can master it. The Deputy must give me some credit on being the first Minister for Finance for many years to have...

Finance Bill 2009: Report and Final Stages (27 May 2009)

Brian Lenihan Jnr: Does Deputy Burton know who these people are?

Finance Bill 2009: Report and Final Stages (27 May 2009)

Brian Lenihan Jnr: I also welcome the debate because it affords me the opportunity to give some clarity on the matter. The Irish tax system is the same as those in other advanced countries and in line with general international practice in this respect. As Deputy Barrett pointed out, individuals travel between states and an arrangement must be arrived at between countries as to which jurisdiction such people...

Finance Bill 2009: Report Stage (Resumed) and Final Stage (27 May 2009)

Brian Lenihan Jnr: The Irish taxation system mirrors the practice in other jurisdictions and since the amendment introduced in the last Finance Bill, it is similar to the arrangement that obtains in Britain. There is nothing unique about the tax arrangements that apply in Ireland for the taxation of people resident in the State. From a taxation point of view, the main factor is whether a person is resident or...

Finance Bill 2009: Report Stage (Resumed) and Final Stage (27 May 2009)

Brian Lenihan Jnr: My understanding is the matter is under examination by the Commission on Taxation. I confirmed that to the House. I do not facilitate tax avoidance nor have my predecessors who were of my political interest. Deputy Burton's suggestion in regard to this subject that the Fianna Fáil organisation as a whole, which includes individuals, myself and my predecessors, have facilitated tax...

Finance Bill 2009: Report Stage (Resumed) and Final Stage (27 May 2009)

Brian Lenihan Jnr: A firm purpose of amendment.

Finance Bill 2009: Report Stage (Resumed) and Final Stage (27 May 2009)

Brian Lenihan Jnr: Not at this point in time.

Finance Bill 2009: Report Stage (Resumed) and Final Stage (27 May 2009)

Brian Lenihan Jnr: He was not talking about money but about the other subject.

Finance Bill 2009: Report Stage (Resumed) and Final Stage (27 May 2009)

Brian Lenihan Jnr: No.

Finance Bill 2009: Report Stage (Resumed) and Final Stage (27 May 2009)

Brian Lenihan Jnr: It is €1.75 billion at most.

Finance Bill 2009: Report Stage (Resumed) and Final Stage (27 May 2009)

Brian Lenihan Jnr: That is the knock on from this year.

Finance Bill 2009: Report Stage (Resumed) and Final Stage (27 May 2009)

Brian Lenihan Jnr: That is the knock-on effect of the supplementary budget next year.

Finance Bill 2009: Report Stage (Resumed) and Final Stage (27 May 2009)

Brian Lenihan Jnr: If the Deputy looks at page A.10 and the fourth paragraph, the speech itself-----

Finance Bill 2009: Report Stage (Resumed) and Final Stage (27 May 2009)

Brian Lenihan Jnr: That is the following year.

Finance Bill 2009: Report Stage (Resumed) and Final Stage (27 May 2009)

Brian Lenihan Jnr: I am not trying to be difficult but the first year means 2010 in that context. The full year-----

Finance Bill 2009: Report Stage (Resumed) and Final Stage (27 May 2009)

Brian Lenihan Jnr: I was only clarifying it. We are going back to the well.

Finance Bill 2009: Report Stage (Resumed) and Final Stage (27 May 2009)

Brian Lenihan Jnr: The Minister is going back to the well. There is a real danger that he will go back to this particular well again and there needs to be some modifications if it is to be a long-term feature. On Committee Stage, we debated some of its features, including minimum tax, how it applied to low incomes and unsatisfactory features. The longer term direction of merging this back into the tax code...

Finance Bill 2009: Report Stage (Resumed) and Final Stage (27 May 2009)

Brian Lenihan Jnr: With regard to the amendment, the Deputy is aware why the income levy was introduced - to help deal with the exceptional economic circumstances we face. It is addressed by sharing that burden, based on the ability to pay. I am not going to re-enter the argument we had on Committee Stage about secondary legislation, as I do not accept this is an appropriate device to deal with a relief of...

Finance Bill 2009: Report Stage (Resumed) and Final Stage (27 May 2009)

Brian Lenihan Jnr: We are on Report Stage, so it does not arise from the amendment, but I shall deal with the question.

Finance Bill 2009: Report Stage (Resumed) and Final Stage (27 May 2009)

Brian Lenihan Jnr: It does not because it has nothing to do with the amendment tabled by Deputy Bruton.