Results 11,201-11,220 of 32,864 for speaker:Paschal Donohoe

Written Answers — Department of Finance: Departmental Staff Training (21 Nov 2017)

Paschal Donohoe: Due to a clarification sought, the Department has been unable to complete this response in the timeframe required. The Department will write to the Deputy within 10 days with the information requested by her.

Written Answers — Department of Finance: Property Tax Exemptions (21 Nov 2017)

Paschal Donohoe: The 2012 inter-Departmental Group which considered the structures and modalities of a property tax that a universal liability to the Local Property Tax (LPT) recommended that it should apply to all owners of residential property with a limited number of exemptions. Limiting the exemptions available allows the rate to be kept low for those liable persons who do not qualify for an exemption....

Written Answers — Department of Finance: Mortgage Interest Relief Data (21 Nov 2017)

Paschal Donohoe: The provision introduced in Finance Bill 2017 will extend Mortgage Interest Relief up to and including the year 2020 for the remaining recipients. This measure extends the relief, which would otherwise have ceased completely at the end of 2017, to provide for 75% of the current relief to continue into 2018, 50% of the current relief into 2019 and 25% of the current relief into 2020. The...

Written Answers — Department of Finance: Departmental Contracts (21 Nov 2017)

Paschal Donohoe: I propose to take Questions Nos. 140 and 145 together. The questions raised by the Deputy are matters in the first instance for the Office of Public Works and I understand that my colleague, Minister of State Kevin Moran, is providing an answer to the Deputy. However, my Department is not aware of any telecoms or communications masts being operated from the roof of the offices occupied by my...

Written Answers — Department of Finance: Banking Sector Regulation (21 Nov 2017)

Paschal Donohoe: Loan originations involve a company fronting for a foreign bank and either lending directly to larger more sophisticated borrowers, or immediately issuing newly made loans to smaller borrowers from the foreign bank. Provided the foreign bank is established in one of the countries with which we have signed a double tax agreement, then no Irish tax would have arisen on its interest income had...

Written Answers — Department of Finance: State Aid Investigations (21 Nov 2017)

Paschal Donohoe: The European Commission recently concluded that a tax ruling given by Luxembourg to Amazon constituted an illegal State aid amounting to approximately €250 million. This announcement is part of a wider investigation by the European Commission encompassing tax rulings in all 28 Member States which has been ongoing since 2014. As the final Commission Decision has not yet been published,...

Written Answers — Department of Finance: State Aid Investigations (21 Nov 2017)

Paschal Donohoe: The European Commission has been gathering information from all 28 EU Member States on tax rulings since 2014 and it has examined over 1,000 rulings across EU Member States. I understand that the European Commission issues information requests to Member States on an ongoing basis. Ireland has always cooperated with such requests and will continue to do so. It is not appropriate for me to...

Written Answers — Department of Finance: Money Laundering (21 Nov 2017)

Paschal Donohoe: The Deputy will understand that the information requested is not held within my Department. I have therefore requested a response to the Deputy's question from each of the banks identified by the Deputy. AIB Response: "AIB has comprehensive policies and procedures in place to ensure compliance with the provisions of the Criminal Justice Act, 2010 (CJA 2010). This includes with regard to its...

Written Answers — Department of Finance: Departmental Reports (21 Nov 2017)

Paschal Donohoe: The Strategy for the Rental Sector, published in December 2016, contained a commitment to establish a Working Group to examine and report on the tax treatment of landlords (or rental accommodation providers), and to put forward, where appropriate, options for amendments to such treatment. The Working Group was chaired by the Department of Finance and its membership included officials from...

Written Answers — Department of Finance: Tax Clearance Certificates (21 Nov 2017)

Paschal Donohoe: I am advised by Revenue that the requested letter of clearance has issued to the agent handling the estate of the person concerned.

Written Answers — Department of Finance: Central Bank of Ireland Supervision (21 Nov 2017)

Paschal Donohoe: I propose to take Questions Nos. 148 to 150, inclusive, together. The Irish Credit Bureau is not regulated by the Central Bank of Ireland. It is a private organisation, owned and financed by its members, and it is not under the remit of the Central Bank.

Written Answers — Department of Finance: Credit Register Administration (21 Nov 2017)

Paschal Donohoe: I propose to take Questions Nos. 151 and 152 together. As the Deputy may be aware, the Irish Credit Bureau does not fall under the statutory remit of the Minister for Finance. Furthermore, the Irish Credit Bureau does not fall under the regulatory remit of the Central Bank of Ireland. The stated objectives of private companies are a matter for the companies themselves. However,...

Written Answers — Department of Finance: Pension Provisions (21 Nov 2017)

Paschal Donohoe: I am advised by Revenue that the matter of whether the amount of pension being paid to the person concerned is correct is a matter in the first instance for the pension provider. The tax credits allocated to the person concerned are, based on the information available to Revenue, correct. If the person concerned wants to verify the correct tax has been deducted for any year, he can...

Written Answers — Department of Finance: Brexit Negotiations (21 Nov 2017)

Paschal Donohoe: The Government’s Brexit priorities are clear. They are to protect the peace process, ensuring no hard border, maintenance of the Common Travel Area, securing an effective transitional arrangement leading to the closest possible trading relationship with UK, and working for the future of our Union.  As set out in the Government’s position paper of 2 May 2017, to...

Written Answers — Department of Finance: Insurance Costs (21 Nov 2017)

Paschal Donohoe: The Deputy should note at the outset that in my role as Minister for Finance I am responsible for the development of the legal framework governing financial regulation. Neither I nor the Central Bank 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 the risks they are willing to...

Written Answers — Department of Finance: Departmental Communications (21 Nov 2017)

Paschal Donohoe: In response to the Deputy's question, the domain names registered to or owned by my Department or through a third party are listed as follows: - - - - - - - Please note that the domains listed relate to active websites. This list does not include domains registered to or owned by the Bodies under the Aegis of my Department.  I would like to advise the Deputy that ICT services...

Written Answers — Department of Finance: Tax Code (21 Nov 2017)

Paschal Donohoe: I propose to take Questions Nos. 157 and 158 together. I am advised by Revenue that statutory interest charges are designed to compensate the Exchequer for loss of revenue through late payment of tax, to encourage timely payments in future and to ensure equity for those taxpayers who pay on time. The current annualised rate of statutory interest charged in respect of late P30...

Written Answers — Department of Finance: Parliamentary Questions Costs (21 Nov 2017)

Paschal Donohoe: Servicing the democratic process through answering Parliamentary Questions (PQs) is a core responsibility of all Department of Finance staff. The time spent responding to a question, and the number of staff involved in preparing the response, varies significantly depending on the complexity and importance of the topic, whether the response is to be written or oral, and whether...

Written Answers — Department of Finance: Paradise Papers. (21 Nov 2017)

Paschal Donohoe: I am informed by Revenue that it is aware of, and actively examining, the information and allegations currently being published by various media outlets that originate from the “Paradise” papers.  If further information and allegations become available from the same source over the coming days, Revenue will likewise examine any such further information or allegations that...

Written Answers — Department of Finance: Tax Reliefs Application (21 Nov 2017)

Paschal Donohoe: Section 473A of the Taxes Consolidation Act 1997 provides for tax relief in respect of qualifying fees paid by an individual in respect of an approved course at an approved college subject to the terms and conditions set out in the section. Tax relief is available where a student attending an approved college carries out an undergraduate course of at least two academic years'...