Results 1,421-1,440 of 2,988 for speaker:James O'Connor

Joint Oireachtas Committee on Transport, Tourism and Sport: National Aviation Policy: Ryanair (30 Nov 2022)

James O'Connor: Part of the statutory remit of the DAA is to turn a profit for the State. Obviously, any profits it makes must come back to the coffers of the Departments of Public Expenditure and Reform and Finance. What Mr. O’Leary is discussing here today will require a very significant amount of capital, regardless of whether it is decided to redistribute the €200 million pool of funding...

Joint Oireachtas Committee on Transport, Tourism and Sport: National Aviation Policy: Ryanair (30 Nov 2022)

James O'Connor: I have another question which is a little left-field. I want to get a sense of Mr. O’Leary's views on it. This is the first time we have had a ministerial role specifically to deal with aviation. The Minister of State in question, who is serving in a super-junior capacity, effectively shares the aviation portfolio at departmental level with a Cabinet Minister who might not be the...

Joint Oireachtas Committee on Transport, Tourism and Sport: National Aviation Policy: Ryanair (30 Nov 2022)

James O'Connor: Mr. O’Leary believes that aviation should not be separate and should be effectively under one person at the Cabinet table.

Joint Oireachtas Committee on Transport, Tourism and Sport: National Aviation Policy: Ryanair (30 Nov 2022)

James O'Connor: That is very interesting. In conclusion, it is great to have Mr. O’Leary here. From the point of view of Cork, it is great to see that he is looking at the potential for an additional base to be given for his aircraft. We wish him continued success and I thank him.

Public Accounts Committee: Vote 9 - Office of the Revenue Commissioners
2021 Report of the Office of the Revenue Commissioners
2021 Report on the Accounts of the Public Services of the Comptroller and Auditor General
Chapter 15 - Collection of VAT on e-Commerce
Chapter 16 - Revenue's Suspension of Periodic Reviews of Tax Clearance Certificates
Chapter 17 - Overstatement of Certain Unallocated Tax Deposits (8 Dec 2022)

James O'Connor: I welcome all of our attendees from Revenue. From the outset, it is important for members of the committee, myself included, to note how difficult it has been throughout the pandemic. It has not been an easy challenge and they performed quite well overall. However, I have a number of questions I would like to ask and try to delve into a couple of topics of importance. One area around...

Public Accounts Committee: Vote 9 - Office of the Revenue Commissioners
2021 Report of the Office of the Revenue Commissioners
2021 Report on the Accounts of the Public Services of the Comptroller and Auditor General
Chapter 15 - Collection of VAT on e-Commerce
Chapter 16 - Revenue's Suspension of Periodic Reviews of Tax Clearance Certificates
Chapter 17 - Overstatement of Certain Unallocated Tax Deposits (8 Dec 2022)

James O'Connor: I will have to stop Mr. Cody there because of my time limitations. I am sure he understands. We might come back to that point during another round of questioning. I will turn to the breakdown of people who are availing of the scheme. How many of those would be considered individuals with a high net worth? How many of their businesses have availed of the scheme? Have they availed of the...

Public Accounts Committee: Vote 9 - Office of the Revenue Commissioners
2021 Report of the Office of the Revenue Commissioners
2021 Report on the Accounts of the Public Services of the Comptroller and Auditor General
Chapter 15 - Collection of VAT on e-Commerce
Chapter 16 - Revenue's Suspension of Periodic Reviews of Tax Clearance Certificates
Chapter 17 - Overstatement of Certain Unallocated Tax Deposits (8 Dec 2022)

James O'Connor: Please do.

Public Accounts Committee: Vote 9 - Office of the Revenue Commissioners
2021 Report of the Office of the Revenue Commissioners
2021 Report on the Accounts of the Public Services of the Comptroller and Auditor General
Chapter 15 - Collection of VAT on e-Commerce
Chapter 16 - Revenue's Suspension of Periodic Reviews of Tax Clearance Certificates
Chapter 17 - Overstatement of Certain Unallocated Tax Deposits (8 Dec 2022)

James O'Connor: To what percentage would that equate?

Public Accounts Committee: Vote 9 - Office of the Revenue Commissioners
2021 Report of the Office of the Revenue Commissioners
2021 Report on the Accounts of the Public Services of the Comptroller and Auditor General
Chapter 15 - Collection of VAT on e-Commerce
Chapter 16 - Revenue's Suspension of Periodic Reviews of Tax Clearance Certificates
Chapter 17 - Overstatement of Certain Unallocated Tax Deposits (8 Dec 2022)

James O'Connor: Those companies would, arguably, have quite large capital reserves.

Public Accounts Committee: Vote 9 - Office of the Revenue Commissioners
2021 Report of the Office of the Revenue Commissioners
2021 Report on the Accounts of the Public Services of the Comptroller and Auditor General
Chapter 15 - Collection of VAT on e-Commerce
Chapter 16 - Revenue's Suspension of Periodic Reviews of Tax Clearance Certificates
Chapter 17 - Overstatement of Certain Unallocated Tax Deposits (8 Dec 2022)

James O'Connor: One could argue that the owners and major shareholders involved in those companies would be in a much better position than a bakery or other small business.

Public Accounts Committee: Vote 9 - Office of the Revenue Commissioners
2021 Report of the Office of the Revenue Commissioners
2021 Report on the Accounts of the Public Services of the Comptroller and Auditor General
Chapter 15 - Collection of VAT on e-Commerce
Chapter 16 - Revenue's Suspension of Periodic Reviews of Tax Clearance Certificates
Chapter 17 - Overstatement of Certain Unallocated Tax Deposits (8 Dec 2022)

James O'Connor: Would it not make sense for Revenue to grade the effective repayment schedule-----

Public Accounts Committee: Vote 9 - Office of the Revenue Commissioners
2021 Report of the Office of the Revenue Commissioners
2021 Report on the Accounts of the Public Services of the Comptroller and Auditor General
Chapter 15 - Collection of VAT on e-Commerce
Chapter 16 - Revenue's Suspension of Periodic Reviews of Tax Clearance Certificates
Chapter 17 - Overstatement of Certain Unallocated Tax Deposits (8 Dec 2022)

James O'Connor: -----depending on the scale and size of the companies concerned?

Public Accounts Committee: Vote 9 - Office of the Revenue Commissioners
2021 Report of the Office of the Revenue Commissioners
2021 Report on the Accounts of the Public Services of the Comptroller and Auditor General
Chapter 15 - Collection of VAT on e-Commerce
Chapter 16 - Revenue's Suspension of Periodic Reviews of Tax Clearance Certificates
Chapter 17 - Overstatement of Certain Unallocated Tax Deposits (8 Dec 2022)

James O'Connor: Will Mr. Cody give us some insight in that regard?

Public Accounts Committee: Vote 9 - Office of the Revenue Commissioners
2021 Report of the Office of the Revenue Commissioners
2021 Report on the Accounts of the Public Services of the Comptroller and Auditor General
Chapter 15 - Collection of VAT on e-Commerce
Chapter 16 - Revenue's Suspension of Periodic Reviews of Tax Clearance Certificates
Chapter 17 - Overstatement of Certain Unallocated Tax Deposits (8 Dec 2022)

James O'Connor: I thank Mr. Cody for his answer. I was going to ask a question about inflationary pressures on businesses but Mr. Cody has given a response to that. I also wish to ask about the concerns of the Central Bank, which released a number of briefings that outlined concern with the area of what it termed "parked debt". What does Mr. Cody say in response to what the Central Bank has had to say?...

Public Accounts Committee: Vote 9 - Office of the Revenue Commissioners
2021 Report of the Office of the Revenue Commissioners
2021 Report on the Accounts of the Public Services of the Comptroller and Auditor General
Chapter 15 - Collection of VAT on e-Commerce
Chapter 16 - Revenue's Suspension of Periodic Reviews of Tax Clearance Certificates
Chapter 17 - Overstatement of Certain Unallocated Tax Deposits (8 Dec 2022)

James O'Connor: On that point, is it possible to establish how many premises have closed down and businesses have had to cease trading because there are outstanding liabilities? Has Mr. Cody an estimate of how much revenue has been lost?

Public Accounts Committee: Vote 9 - Office of the Revenue Commissioners
2021 Report of the Office of the Revenue Commissioners
2021 Report on the Accounts of the Public Services of the Comptroller and Auditor General
Chapter 15 - Collection of VAT on e-Commerce
Chapter 16 - Revenue's Suspension of Periodic Reviews of Tax Clearance Certificates
Chapter 17 - Overstatement of Certain Unallocated Tax Deposits (8 Dec 2022)

James O'Connor: What about the figures for 2021?

Public Accounts Committee: Vote 9 - Office of the Revenue Commissioners
2021 Report of the Office of the Revenue Commissioners
2021 Report on the Accounts of the Public Services of the Comptroller and Auditor General
Chapter 15 - Collection of VAT on e-Commerce
Chapter 16 - Revenue's Suspension of Periodic Reviews of Tax Clearance Certificates
Chapter 17 - Overstatement of Certain Unallocated Tax Deposits (8 Dec 2022)

James O'Connor: I thank Mr. Cody. We are in the midst of an extremely serious housing crisis in this country. We have seen enormous inflationary pressure on the cost of construction. For example, some cost estimates for an 1,8000 sq. ft house have increased by approximately €60,000. This is an enormous concern when we are trying to deal with the housing emergency. What is the Revenue taking in...

Public Accounts Committee: Vote 9 - Office of the Revenue Commissioners
2021 Report of the Office of the Revenue Commissioners
2021 Report on the Accounts of the Public Services of the Comptroller and Auditor General
Chapter 15 - Collection of VAT on e-Commerce
Chapter 16 - Revenue's Suspension of Periodic Reviews of Tax Clearance Certificates
Chapter 17 - Overstatement of Certain Unallocated Tax Deposits (8 Dec 2022)

James O'Connor: I accept it is complicated but I would appreciate as much of a breakdown as is possible in order to give us an insight. There are different schools of thought involved. It is difficult because of the EU rules but it is something we need to examine. The car crisis in Ireland is interesting. It is a result of logistical problems. Throughout 2021, there were problems internationally....

Public Accounts Committee: Vote 9 - Office of the Revenue Commissioners
2021 Report of the Office of the Revenue Commissioners
2021 Report on the Accounts of the Public Services of the Comptroller and Auditor General
Chapter 15 - Collection of VAT on e-Commerce
Chapter 16 - Revenue's Suspension of Periodic Reviews of Tax Clearance Certificates
Chapter 17 - Overstatement of Certain Unallocated Tax Deposits (8 Dec 2022)

James O'Connor: This is 2022.

Public Accounts Committee: Vote 9 - Office of the Revenue Commissioners
2021 Report of the Office of the Revenue Commissioners
2021 Report on the Accounts of the Public Services of the Comptroller and Auditor General
Chapter 15 - Collection of VAT on e-Commerce
Chapter 16 - Revenue's Suspension of Periodic Reviews of Tax Clearance Certificates
Chapter 17 - Overstatement of Certain Unallocated Tax Deposits (8 Dec 2022)

James O'Connor: What has happened in the motoring sector is indicative of what could happen in other sectors.