Results 15,581-15,600 of 16,537 for speaker:Brian Lenihan Jnr

Written Answers — Departmental Reports: Departmental Reports (23 Nov 2010)

Brian Lenihan Jnr: I presume that the Deputy is referring to the Review Group on State Assets and Liabilities which I established in July 2010 under the Chairmanship of Mr. Colm McCarthy. I have not yet received the Group's report, which is due to be submitted by the end of the year. Publication of the report will then be a matter for Government.

Written Answers — Departmental Statistics: Departmental Statistics (23 Nov 2010)

Brian Lenihan Jnr: I am informed by the Revenue Commissioners that the latest relevant sector-based information available on employees taxed under the PAYE system is derived from income tax returns filed for the income tax year 2008 and represents about 96 per cent of all returns expected at the time the data were compiled for analytical purposes. The figures include PAYE taxpayers who are required to return...

Written Answers — Tax Code: Tax Code (23 Nov 2010)

Brian Lenihan Jnr: It is assumed that the Deputy is referring to intra-Community supplies of services, known as Fourth Schedule Services under the old Fourth Schedule to the VAT Act 1972. The Fourth Schedule listed a number of services that were to be taxed in the Member State where they were received. The Fourth Schedule was discontinued from 1 January 2010 as part of the introduction of the EU wide changes...

Written Answers — Liquor Licensing Laws: Liquor Licensing Laws (23 Nov 2010)

Brian Lenihan Jnr: I am advised by the Revenue Commissioners that the information in respect of publicans' licences issued for 2005 through to 2009 is as set out in the table. The figures for the calendar year 2010 are available only up until 18 November; the final figures for 2010 will not be available until the end of the year. Licences Numbers Issued Retailers 2005 2006 2007 2008* 2009* 2010 Full...

Written Answers — Tax Code: Tax Code (23 Nov 2010)

Brian Lenihan Jnr: EU VAT law, with which Irish VAT law must comply, does not permit reductions in VAT, for environmental or other reasons, that would create a distortion of competition between similar goods or services. The EU Commission undertook a study of the possibility of using reduced VAT rates as a tool to support the climate change agenda. While Ireland expressed support for such a study, the EU...

Written Answers — Financial Services Regulation: Financial Services Regulation (23 Nov 2010)

Brian Lenihan Jnr: I have been advised by the Central Bank that the information requested by the Deputy is not available as there is no legal requirement on licensed moneylenders to prepare or to submit audited accounts to the Bank. The 'end of year' for financial accounts purposes varies from moneylender to moneylender. I should point out that there is a requirement on the Central Bank to publish a register...

Written Answers — Financial Services Regulation: Financial Services Regulation (23 Nov 2010)

Brian Lenihan Jnr: The Central Bank of Ireland has advised me that in 2008 and 2009, 162,000 euros and 244,000 euros respectively were collected from moneylenders as part of the industry funding levy. The process of collection of the 2010 industry funding levy has only recently commenced. The total amount expected to be collected is 309,000 euros.

Written Answers — Financial Services Regulation: Financial Services Regulation (23 Nov 2010)

Brian Lenihan Jnr: The Central Bank of Ireland has advised me that the number of licenses granted each year from 2008 to 29 October 2010 is as follows:- No of licensed moneylenders 2008 52 2009 52 2010 48 (as at 29 October 2010) The Deputy might wish to note that moneylending licenses must be renewed annually and that the number of valid licenses at a particular time does not vary...

Written Answers — Departmental Reports: Departmental Reports (23 Nov 2010)

Brian Lenihan Jnr: I propose to take Questions Nos. 141 and 145 together. The Deputies will be aware that the Final Report by the Mortgage Arrears and Personal Debt Group (Group) was submitted to me on Tuesday 16th November and brought before Government on the same day. The Final Report includes both a list of the recommendations in the Group's Interim Report and also additional recommendations arising from the...

Written Answers — Tax Code: Tax Code (23 Nov 2010)

Brian Lenihan Jnr: Stamp Duty like all other sources of Government revenue, is a matter for review during the annual budgetary process and the Deputy is aware it is not customary to comment on possible changes in advance of the Budget. The current legislation on stamp duty provides no special relief for trade downs.

Written Answers — Insurance Industry: Insurance Industry (23 Nov 2010)

Brian Lenihan Jnr: As highlighted in the Deputy's question, an indemnification scheme is one option that has been suggested for households who are unable to obtain flood cover. A key factor in any decision on this matter will be the impact on future expenditure, particularly in the current economic climate. As the Deputy will be aware the Government is considering the options open to it, in order to try and...

Corporation Tax: Motion (Resumed) (24 Nov 2010)

Brian Lenihan Jnr: I am glad the Deputy is promising me my seat.

Corporation Tax: Motion (Resumed) (24 Nov 2010)

Brian Lenihan Jnr: I thank Deputy Sheehan for his kind wishes on the general election. It is useful to have a debate on the motion before the House and I thank Fine Gael for tabling it. It is not every day we have consensus across the floor of the House on a Private Members' motion.

Corporation Tax: Motion (Resumed) (24 Nov 2010)

Brian Lenihan Jnr: The consensus and agreement we have will send a clear signal to the outside world on the strategic importance of the issue for Ireland.

Corporation Tax: Motion (Resumed) (24 Nov 2010)

Brian Lenihan Jnr: I have no particular problem with the motion as drafted, although there is an amendment in our name which can be considered. It was prepared with the advice of officials in my Department. It makes a case-----

Corporation Tax: Motion (Resumed) (24 Nov 2010)

Brian Lenihan Jnr: There is no point in being contentious.

Corporation Tax: Motion (Resumed) (24 Nov 2010)

Brian Lenihan Jnr: I am not blaming anybody but simply making the point that the alternative motion presents the case rather better than Fine Gael. If the party wishes to press the issue, I will not cause a vote when there is agreement on it. I thank all Members across all parties for their contribution over the past two nights. My colleague, the Minister of State at the Department of Finance, Deputy Martin...

Corporation Tax: Motion (Resumed) (24 Nov 2010)

Brian Lenihan Jnr: There is a difficulty in the context of external funding, with the idea that any of the relevant organisations might have a negative view about our corporate tax regime. They do not have such a difficulty. One of the facilities is contingent not just on support from the European Commission, but from the different member states of the eurozone. Both President Sarkozy and Chancellor Merkel...

Corporation Tax: Motion (Resumed) (24 Nov 2010)

Brian Lenihan Jnr: There are positive signals in our economy and we should build on those positive elements. We should conclude our discussions on the external negotiations and above all we should send a clear signal to the world on 7 December about how we manage our budgets.

Corporation Tax: Motion (Resumed) (24 Nov 2010)

Brian Lenihan Jnr: That sovereignty extends to all forms of taxation.