Results 12,541-12,560 of 26,076 for speaker:Kieran O'Donnell

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Paradise Papers: Chairman, Office of the Revenue Commissioners (29 Nov 2017)

Kieran O'Donnell: Is Mr. Cody saying the competent authority is a strategic unit as distinct from an operational, practical unit in terms of audit?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Paradise Papers: Chairman, Office of the Revenue Commissioners (29 Nov 2017)

Kieran O'Donnell: Was it at one stage?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Paradise Papers: Chairman, Office of the Revenue Commissioners (29 Nov 2017)

Kieran O'Donnell: What about prior to that?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Paradise Papers: Chairman, Office of the Revenue Commissioners (29 Nov 2017)

Kieran O'Donnell: If a large multinational company came into Ireland and, as all companies do, came up with a transfer pricing model within its group company structure, how would that fit into Revenue in terms of-----

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Paradise Papers: Chairman, Office of the Revenue Commissioners (29 Nov 2017)

Kieran O'Donnell: What happened back then?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Paradise Papers: Chairman, Office of the Revenue Commissioners (29 Nov 2017)

Kieran O'Donnell: Pre-2010 and post-2010 are very different.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Paradise Papers: Chairman, Office of the Revenue Commissioners (29 Nov 2017)

Kieran O'Donnell: If there is a large multinational company engaged in transfer pricing over many years and it is using a certain model under self-assessment, was the type of transfer pricing model it was using reassessed by Revenue post-2010? Are they still operating on a self-assessment basis?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Paradise Papers: Chairman, Office of the Revenue Commissioners (29 Nov 2017)

Kieran O'Donnell: Does risk-based involve potential loss of revenue to the Exchequer? Would that feed into it?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Paradise Papers: Chairman, Office of the Revenue Commissioners (29 Nov 2017)

Kieran O'Donnell: Based on the discussions between the competent authority-----

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Paradise Papers: Chairman, Office of the Revenue Commissioners (29 Nov 2017)

Kieran O'Donnell: That is based on discussions that would have taken place between the competent authority in Ireland and other companies units in Europe and so on. My understanding is that a defined agreement with other countries is agreed upon------

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Paradise Papers: Chairman, Office of the Revenue Commissioners (29 Nov 2017)

Kieran O'Donnell: Is that based on company-specific cases?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Paradise Papers: Chairman, Office of the Revenue Commissioners (29 Nov 2017)

Kieran O'Donnell: The competent authority does not deal with general issues but, rather, company-specific matters.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Paradise Papers: Chairman, Office of the Revenue Commissioners (29 Nov 2017)

Kieran O'Donnell: I see where Mr. Cody is coming from. What is his view of Seamus Coffey's statement that the competent authority element is not sufficiently resourced, although it has sufficient expertise?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Paradise Papers: Chairman, Office of the Revenue Commissioners (29 Nov 2017)

Kieran O'Donnell: How many extra staff will be taken on?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Paradise Papers: Chairman, Office of the Revenue Commissioners (29 Nov 2017)

Kieran O'Donnell: At what level?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Paradise Papers: Chairman, Office of the Revenue Commissioners (29 Nov 2017)

Kieran O'Donnell: What qualifications will the recruits have? Will they be tax accountants?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Paradise Papers: Chairman, Office of the Revenue Commissioners (29 Nov 2017)

Kieran O'Donnell: How many of those staff were for the competent authority?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Paradise Papers: Chairman, Office of the Revenue Commissioners (29 Nov 2017)

Kieran O'Donnell: That section is being beefed up.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Paradise Papers: Chairman, Office of the Revenue Commissioners (29 Nov 2017)

Kieran O'Donnell: I know that. I do not want to delay people. I understood from Seamus Coffey's report that he thought the legal structures in terms of transfer pricing were not sufficiently advanced in 2017 and the competent authority was not sufficiently resourced. I want things to be backed up by tax legislation. I would like the head of the competent authority to whom Mr. Cody made reference to refer...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Paradise Papers: Chairman, Office of the Revenue Commissioners (29 Nov 2017)

Kieran O'Donnell: How many extra staff would that be?