Results 11,121-11,140 of 32,864 for speaker:Paschal Donohoe

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2017: Committee Stage (Resumed) (9 Nov 2017)

Paschal Donohoe: I move amendment No. 74: In page 58, to delete lines 27 to 29 and substitute the following: "(b) the successor company is a private company limited by shares, a designated activity company or a public limited company that is not an investment company within the meaning of section 2, 963 or 1001, respectively, of the Companies Act 2014.".

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2017: Committee Stage (Resumed) (9 Nov 2017)

Paschal Donohoe: I move amendment No. 75: In page 59, to delete lines 30 to 38 and substitute the following: " "(11) In the case of— (a) a merger undertaken in accordance with Chapter 3 of Part 9 of the Companies Act 2014— (i) the resolution referred to in paragraph (a)(ii) of section 202(1)of that Act, in the case of a merger effected by way of the summary approval procedure (within the...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2017: Committee Stage (Resumed) (9 Nov 2017)

Paschal Donohoe: With the Chairman's permission, I give notice that I may bring forward an amendment to section 58(2) on Report Stage.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2017: Committee Stage (Resumed) (9 Nov 2017)

Paschal Donohoe: It concerns taxpayer confidentiality.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2017: Committee Stage (Resumed) (9 Nov 2017)

Paschal Donohoe: It is my intention to bring forward an amendment on Report Stage to section 72 to complete the ratification of a double tax agreement with Kazakhstan and a tax information exchange agreement with Macau.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2017: Committee Stage (Resumed) (9 Nov 2017)

Paschal Donohoe: No.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2017: Committee Stage (Resumed) (9 Nov 2017)

Paschal Donohoe: Like the rest of our EU partners, Ireland adheres to the one-China policy. However, some EU member states have negotiated a tax agreement with Taiwan. My Department, in consultation with the Department of Foreign Affairs and Trade and the Revenue Commissioners, examined whether an agreement with equivalent effect to a tax agreement with Taiwan might be concluded in a manner consistent with...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2017: Committee Stage (Resumed) (9 Nov 2017)

Paschal Donohoe: Certainly.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2017: Committee Stage (Resumed) (9 Nov 2017)

Paschal Donohoe: I move amendment No. 84: In page 67, to delete lines 32 to 35 and substitute the following: "'division' means a division undertaken in accordance with Chapter 4 of Part 9 or, as the case may be, Chapter 17 of Part 17 of the Companies Act 2014; 'merger' means a merger undertaken in accordance with Chapter 3 of Part 9 or, as the case may be, Chapter 16 of Part 17 of the Companies Act 2014;".

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2017: Committee Stage (Resumed) (9 Nov 2017)

Paschal Donohoe: I move amendment No. 88: In page 94, to delete lines 5 and 6 and substitute the following: " At least 5 grams per 100 millilitres but less than 8 grams per 100 millitlitres €16.26 per hectolitre ". These amendments provide for a change to the rate of tax applying to sugar sweetened drinks as set out in Schedule 4 to the Finance Bill. The Schedule...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2017: Committee Stage (Resumed) (9 Nov 2017)

Paschal Donohoe: I move amendment No. 89: In page 94, to delete line 7 and substitute the following: " 8 grams or more per 100 millilitres €24.39 per hectolitre ".

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2017: Committee Stage (Resumed) (9 Nov 2017)

Paschal Donohoe: Before we conclude, I wish to clarify a matter that was raised earlier today with reference to amendment No. 59 tabled by Deputy Michael McGrath. The Minister of State, Deputy Michael D'Arcy, indicated that the forthcoming report on intermediary-type employment would address the issue of the tax treatment of expenses for contractors. That is not strictly correct as it will, in fact, look at...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2017: Committee Stage (Resumed) (9 Nov 2017)

Paschal Donohoe: We have Report Stage yet to come which will involve a lot more work, but I take the opportunity to acknowledge the huge efforts made by Deputies on Committee Stage.

Written Answers — Department of Finance: Banking Operations (14 Nov 2017)

Paschal Donohoe: I am advised by Revenue that, as part of its offshore investigations, Irish financial institutions and their Irish registered subsidiaries were required on up to 40 occasions to provide information and data to Revenue usually on foot of a High Court Order. The type of information covered by these Orders included- - information, explanations and particulars, where such information...

Written Answers — Department of Finance: Banking Operations (14 Nov 2017)

Paschal Donohoe: The Deputy is aware that the Minister for Finance has no direct function in strategic or operational decisions made by the banks in which the State is a shareholder.  Decisions in this regard are the responsibility of the board and management of each institution, under the supervision of their regulator and equivalent authorities in the jurisdictions relevant to their operations.  ...

Written Answers — Department of Finance: Banking Sector Data (14 Nov 2017)

Paschal Donohoe: As the Deputy is aware, I, as Minister for Finance have no direct function in strategic or operational decisions made by the banks in which the state is a shareholder, and decisions in this regard are solely the responsibility of the board and management of each institution, under the supervision of their regulator and equivalent authorities in the jurisdictions...

Written Answers — Department of Finance: Central Bank of Ireland Staff (14 Nov 2017)

Paschal Donohoe: I am informed by the Central Bank that there are currently 152 active roles being recruited within the Central Bank. The current overall average time to hire is 8.2 weeks. A full breakdown of the number of vacancies in each functional area is detailed in the first table provided by the Central Bank below, with the corresponding average time to hire in the second table. Pillar...

Written Answers — Department of Finance: Tax Code (14 Nov 2017)

Paschal Donohoe: I am advised by Revenue that the VRT calculator is not subject to an independent audit. It is however subject to ongoing review by Revenue to ensure that it remains fit for purpose. I understand from Revenue that the purpose of the VRT calculator is to provide an indication of the likely VRT liability based on the details input by the person using the calculator. The actual VRT...

Written Answers — Department of Finance: Insurance Coverage (14 Nov 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. ...

Written Answers — Department of Finance: Employment Investment Incentive Scheme (14 Nov 2017)

Paschal Donohoe: I am informed by Revenue that due to an increase in both the volume of the correspondence received and complexity of the issues involved in relation to applications for relief under the Employment and Investment Incentive (EII), there has been an unavoidable increase in the time taken to respond to that correspondence. Procedures have been put in place to reduce these backlogs and additional...