Results 14,041-14,060 of 16,537 for speaker:Brian Lenihan Jnr

Written Answers — Drug Seizures: Drug Seizures (15 Jun 2010)

Brian Lenihan Jnr: I am informed by the Revenue Commissioners that the tables below set out the amounts of illegal drugs, together with the number of seizures and estimated value, seized by Revenue's Customs Service in 2009 and 2010 to date at airports in the State. 2009 - Drug Seizures DUBLIN AIRPORT DRUG TYPE NUMBER OF SEIZURES VOLUME (KGS) VALUE (EURO) AMPHETAMINE 1 0.0010 15 CANNABIS HERBAL 170 201.9914...

Written Answers — Tax Code: Tax Code (15 Jun 2010)

Brian Lenihan Jnr: I am advised by the Revenue Commissioners that the person in question has not claimed a refund of any Dividend Withholding Tax since he last received a refund of such tax for 2006. I am also advised that his Revenue District has sent the relevant forms to him. On receipt of the completed forms, any due refunds will be processed expeditiously.

Written Answers — Financial Institutions Support Scheme: Financial Institutions Support Scheme (15 Jun 2010)

Brian Lenihan Jnr: The Deposit Guarantee Scheme covers credit union savers for 100 per cent of their savings up to a maximum of €100,000 per institution. With regard to the coinsurance fund, I assume that the Deputy refers to the amount maintained by credit unions in the deposit protection account at the Central Bank and Financial Services Authority of Ireland (CBFSAI) under Section 4 of the Financial...

Written Answers — Financial Institutions Support Scheme: Financial Institutions Support Scheme (15 Jun 2010)

Brian Lenihan Jnr: There are a number of aspects to the Deputy's questions and I will answer each individually. The formula for calculating the guarantee fees paid under ELG is based on European Central Bank recommendations on government guarantees for bank debt dated 20 October 2008, available at http://www.ecb.int/pub/pdf/other/recommendations_on_guarante esen.pdf . I am aware that the European Commission has...

Written Answers — Proposed Legislation: Proposed Legislation (15 Jun 2010)

Brian Lenihan Jnr: The credit union sector has been seeking relaxation of the Section 35 lending limits in an effort to facilitate borrowers who have run into difficulties in repaying their loans and need to have them rescheduled to allow for repayment over a longer period of time. The lending limits are set in primary legislation and an amendment to Section 35 is, therefore, required to be made at this point....

Written Answers — National Assets Management Agency: National Assets Management Agency (15 Jun 2010)

Brian Lenihan Jnr: I am aware that the Chairman of NAMA has reiterated that NAMA intends to enforce security on borrowers who fail to demonstrate either the will or the capacity to deliver on debt reduction targets. In this regard, the Chairman made it clear that NAMA will require each borrower to set out how he plans to reduce his debt significantly over a three to five year horizon. Failure to demonstrate...

Written Answers — National Assets Management Agency: National Assets Management Agency (15 Jun 2010)

Brian Lenihan Jnr: The transfer of the first tranche of loans to NAMA from the five participating institutions concluded in May 2010. The total transferred was some €15.3 billion and the consideration paid was €7.7 billion, making an overall discount of 50% on this tranche. I am advised by NAMA that some of the loans transferred have been subjected to 100% discounts because of various legal deficiencies....

Written Answers — Tax Incentive Schemes: Tax Incentive Schemes (15 Jun 2010)

Brian Lenihan Jnr: There are no specific incentives in place for the development of retirement villages by the private sector.

Written Answers — Financial Institutions Support Scheme: Financial Institutions Support Scheme (15 Jun 2010)

Brian Lenihan Jnr: I propose to take Questions Nos. 126 and 127 together. I indicated in my reply to PQ Reference No. 22449 on 27 May that total liabilities covered under the Covered Institutions Financial Support Scheme (CIFS) and the Eligible Liabilities Guarantee Scheme (ELG) was €269 at end March 2010. I further stated that, as of end April, a total of €188bn was expected to mature before 1 October....

Written Answers — Financial Institutions Support Scheme: Financial Institutions Support Scheme (15 Jun 2010)

Brian Lenihan Jnr: In September 2008 the Government implemented the Credit Institutions (Financial Support) Scheme 2008 (CIFS scheme) to safeguard the Irish banking system. The CIFS scheme covered all deposits (retail, commercial, institutional and interbank), covered bonds, senior debt and dated subordinated debt (lower tier II) until 29 September 2010. Anglo Irish Bank has a continuing contractual obligation...

Written Answers — Courts Service: Courts Service (15 Jun 2010)

Brian Lenihan Jnr: The Deputy will be aware that Finance Act 2010 introduced significant changes to modernise and simplify the probate process and Capital Acquisitions Tax (CAT) administration. A key element of the change is the abolition of the requirement to present two copies of the Inland Revenue Affidavit (Form CA24) to the Revenue Commissioners, in connection with the issue of a High Court certificate,...

Written Answers — Tax Code: Tax Code (15 Jun 2010)

Brian Lenihan Jnr: I am informed by the Revenue Commissioners that stamp duty data on residential property transactions are not captured in such a manner that would enable a breakdown to be provided between second-hand and new residential properties and between house and apartment property types. As the majority of new houses purchases are exempt from stamp duty - only new properties in excess of 125 square...

Written Answers — Tax Code: Tax Code (15 Jun 2010)

Brian Lenihan Jnr: I am informed by the Revenue Commissioners that, while particulars of transactions where no stamp duty is payable are not normally captured, some relevant information is available on the number of transactions qualifying for the first time buyer exemption from Stamp Duty introduced in Finance (No.2) Act 2007. The figures for the years 2007, 2008 and 2009 are as follows: First Time Buyer...

Written Answers — Insurance Industry: Insurance Industry (15 Jun 2010)

Brian Lenihan Jnr: My Department has been liaising with the Irish Insurance Federation in order to establish how many people are unable to get flood cover and where these people are located. The IIF has indicated that approximately 98% of householders who have household insurance currently have flood cover. They point out that insurers look at the claims history of the individual risk when deciding what...

Written Answers — Judicial Remuneration: Judicial Remuneration (15 Jun 2010)

Brian Lenihan Jnr: The Financial Emergency Measures in the Public Interest Act 2009 does not apply to the Judiciary for constitutional reasons. However, arrangements were put in place on an administrative basis between the Chief Justice and the Revenue Commissioners in April 2009 to facilitate voluntary payments by members of the Judiciary in the context of the pension related deduction scheme. I have no...

Written Answers — Insurance Industry: Insurance Industry (15 Jun 2010)

Brian Lenihan Jnr: The assurances given by my Department regarding the administration of the company in question covers all policyholders in the company, including those in the UK, and is not restricted to new business written since the appointment of the Joint Administrators.

Written Answers — Freedom of Information: Freedom of Information (15 Jun 2010)

Brian Lenihan Jnr: The table below gives the breakdown of requests received for personal and non-personal information for the years 2003 to 2010, the numbers received by Government Departments and the numbers of requests received from Oireachtas members and public representatives. Figures are not kept in relation to a breakdown of personal and non-personal requests refused and figures are not kept of requests...

Written Answers — Tax Code: Tax Code (15 Jun 2010)

Brian Lenihan Jnr: I am advised by the Revenue Commissioners that the total identifiable costs to the Exchequer of all income tax and corporation tax allowances, reliefs, exemptions and tax credits available are set out in the following tables for 2006, the most recent year for which the necessary detailed historical information is available. Relevant notes relating to items in the tables are also included....

Written Answers — Tax Code: Tax Code (15 Jun 2010)

Brian Lenihan Jnr: I am informed by the Revenue Commissioners that the latest relevant information available is in respect of income tax relief allowed for contributions to Retirement Annuity Contracts (RACs) and Personal Retirement Savings Accounts (PRSAs) for the income tax year 2007. RACs and PRSAs are available to the self-employed and to employees not in occupational pension schemes. The information is...

Written Answers — Tax Code: Tax Code (15 Jun 2010)

Brian Lenihan Jnr: I am informed by the Revenue Commissioners that the most recent year for which final information is available on the cost to the Exchequer, and the numbers of taxpayers availing, of the tax relief for health expenses is the income tax year 2006. In 2006, an estimated 349,000 taxpayers availed of the health expenses relief at an estimated cost to the Exchequer of €165 million. I am not in...