Results 12,841-12,860 of 16,537 for speaker:Brian Lenihan Jnr

Written Answers — Business Closures: Business Closures (2 Mar 2010)

Brian Lenihan Jnr: I am advised by the Revenue Commissioners that the following numbers of individuals and companies were recorded as ceased trading during the period requested by the Deputy: Year Individuals Companies 2005 35,536 8,399 2006 35,852 7,123 2007 34,586 7,184 2008 28,756 7,525 The Commissioners advise that the figures should be treated with some caution as, based on past experience, there...

Written Answers — Departmental Expenditure: Departmental Expenditure (2 Mar 2010)

Brian Lenihan Jnr: The Office of Pubic Works provides car parking spaces for various Government Departments including the Department of Finance. I have been informed by the Office of Public Works that they are currently collating the information requested by the Deputy and will foreword it directly him upon completion of this process. In addition to car parking spaces provided by the Office of Public Works,...

Death of Former Member: Expressions of Sympathy (9 Mar 2010)

Brian Lenihan Jnr: I agree with what has been said by the different party leaders in their historical assessment of Tomás Mac Giolla and will not enter on that subject, about which much has been said this afternoon. I cannot add to what has been said by the party leaders although I am sure historians will add to it. I am sure Tomás Mac Giolla will be found to be what we have always known him to be, namely,...

Finance Bill 2010: Financial Resolution (9 Mar 2010)

Brian Lenihan Jnr: I move: THAT section 8 of the Value-Added Tax Act 1972 (No. 22 of 1972), which relates to persons accountable for value-added tax, be amended in the manner and to the extent specified in the Act giving effect to this Resolution, to provide that a person carrying on a business in the State, who receives greenhouse gas emission allowances in the course of that business from another person...

Finance Act 2004 (Section 91) (Deferred Surrender to the Central Fund) Order 2010: Motion (9 Mar 2010)

Brian Lenihan Jnr: I move: That Dáil Éireann approves the following Order in draft: Finance Act 2004 (Section 91) (Deferred Surrender to the Central Fund) Order 2010, copies of which have been laid in draft form before Dáil Éireann on 11 February, 2010.

Finance Bill 2010: Order for Report Stage (9 Mar 2010)

Brian Lenihan Jnr: I move: "That Report Stage be taken now."

Finance Bill 2010: Report Stage (9 Mar 2010)

Brian Lenihan Jnr: There is an Ombudsman in the State. Since the inception of the Office of the Ombudsman, significant numbers of taxpayers have exercised their right to make complaints to it. The Ombudsman, Ms Emily O'Reilly, has carried out a number of special investigations on her own initiative under the Ombudsman Act 1980, such as that into the operation of schemes for disabled drivers and the repayment...

Finance Bill 2010: Report Stage (9 Mar 2010)

Brian Lenihan Jnr: Deputy Burton does not have any figures. She is speculating.

Finance Bill 2010: Report Stage (9 Mar 2010)

Brian Lenihan Jnr: We have strayed far from the section under consideration. That said, I appreciate the Deputy wishes to have an opportunity to discuss it. I presume the normal procedure is to make the request through the Whips. I am not sure whether the Deputy wishes to debate it in the finance committee or on the floor of the House.

Finance Bill 2010: Report Stage (9 Mar 2010)

Brian Lenihan Jnr: I am happy to offer an official briefing to the Opposition spokespersons, which might be helpful in the first instance.

Finance Bill 2010: Report Stage (9 Mar 2010)

Brian Lenihan Jnr: My understanding is that it does not increase the concept of long-term economic value.

Finance Bill 2010: Report Stage (9 Mar 2010)

Brian Lenihan Jnr: There may be an issue that one may offset the other. However, it certainly will not increase the amount of the long-term economic value. In the first instance, it might be of value to arrange briefings on the subject. I will certainly undertake to do that.

Finance Bill 2010: Report Stage (9 Mar 2010)

Brian Lenihan Jnr: The Taoiseach has varied the Order of Business for the Chair. I had better deal with the issues raised in the discussion. The position on the bank losses in the NAMA legislation is as follows. The provision in the 2009 Act limits the amount of relief that can be claimed by participating institutions for losses carried forward from earlier years. It will limit the set-off of carried forward...

Finance Bill 2010: Report Stage (9 Mar 2010)

Brian Lenihan Jnr: The rate of corporation tax is 12.5%. It will be a minimum of 50% but it is based on a criterion of trading income. Corporation tax in Ireland is a matter of national policy and it is set at 12.5%. A minimum of 50% of trading income of any year will continue to be chargeable, notwithstanding claims for relief for losses carried forward into that year. The issue of the rate of tax for...

Finance Bill 2010: Report Stage (9 Mar 2010)

Brian Lenihan Jnr: Before Deputy Bruton proceeds, the individual referred to made clear in a statement last summer that he is paying all of his obligations to his banks and paying his loans in full. The Deputy is perfectly well aware of that.

Finance Bill 2010: Report Stage (9 Mar 2010)

Brian Lenihan Jnr: I do not propose to accept this amendment. Deputies will be aware that the issue of cost-benefit analyses of tax expenditures was considered by the Commission on Taxation but it was of the opinion that tax expenditures should be the subject of ongoing evaluation and appropriate and timely cost-benefit analyses to ensure they are both economically efficient and that parliamentary oversight...

Finance Bill 2010: Report Stage (9 Mar 2010)

Brian Lenihan Jnr: I did not locate myself and my party as part of that structure.

Finance Bill 2010: Report Stage (9 Mar 2010)

Brian Lenihan Jnr: I made it clear in my contribution that we are doing a cost-benefit analysis within the Department and not, as suggested by Deputy Morgan, involving outside consultants.

Finance Bill 2010: Report Stage (9 Mar 2010)

Brian Lenihan Jnr: That is what I am saying. We are doing it within the Department. As set out in my Second Stage speech, I intend to ask each of my colleagues in Government to assess the effectiveness of tax expenditure within their sectors, with particular reference to those the Commission on Taxation recommended should be removed from the tax code. My Department will review the outcome of that sectoral...

Finance Bill 2010: Report Stage (9 Mar 2010)

Brian Lenihan Jnr: As the Deputy is well aware, I was speaking in the context of the banking position in Ireland. However, in respect of the matter under discussion here, the greatest resistance to removing these tax reliefs comes from Departments that view them as a form of expenditure within their own remit. There must be a detailed engagement Department by Department well in advance of the budget such that...