Results 1,921-1,940 of 19,445 for speaker:Brian Cowen

Public Finances. (5 Oct 2005)

Brian Cowen: ——would lead to an unemployment level of 20%. He knows this well.

Tax Yield. (5 Oct 2005)

Brian Cowen: The tax content on energy products may be made up of two elements, the excise content and the VAT content. Excise does not apply to all energy products although it applies to motor fuels and home heating oils. However, the rate of excise is fixed relative to the volume of fuel sold and therefore there is no increase in yield as the price increases. VAT is fixed as a percentage of price and,...

Tax Yield. (5 Oct 2005)

Brian Cowen: I do.

Tax Yield. (5 Oct 2005)

Brian Cowen: I live beside the pumps.

Tax Yield. (5 Oct 2005)

Brian Cowen: I do.

Tax Yield. (5 Oct 2005)

Brian Cowen: There may be few gains to the Exchequer because additional VAT receipts on energy may be offset by reduced expenditure elsewhere. That is the basic point I make to the Deputy. The unfortunate reality is that higher oil or energy prices can lead to a reduction in economic activity. Therefore, if one gains on one side, one loses on the other. People only have so much disposable income. The...

Tax Yield. (5 Oct 2005)

Brian Cowen: That is a macro-economic fact that is not being challenged by anyone I know of. Reducing excise taxes to help with the current price pressures is not the magic solution that some might think. Excise only applies to motor fuels and home heating oils. It does not apply to natural gas or electricity. Excise rates are subject to an EU framework and the scope for reductions is therefore limited....

Tax Yield. (5 Oct 2005)

Brian Cowen: My reply to the Deputy's supplementary question was in reference to energy taxes and fuel prices. Thankfully, due to the way this economy has been managed and people being able to take advantage of the opportunities that arise here and in the international economy, we have increased buoyancy in the economy. I am glad that is the case. I presume everyone welcomes that fact. Other parts of the...

Tax Yield. (5 Oct 2005)

Brian Cowen: Deputy Boyle obviously knows more than the CSO.

Tax Yield. (5 Oct 2005)

Brian Cowen: I look forward to answering Deputy Boyle's questions on energy taxes. It will be interesting to see how the three Opposition parties will figure that out in terms of the carbon tax he is calling for. It has not yet been mentioned in the Mullingar accord.

Tax Code. (5 Oct 2005)

Brian Cowen: I have asked the Chairman of the Revenue Commissioners to monitor the application of the current non-resident rules through examination of cases handled in the Revenue large cases division and to provide me with a report once this examination is complete. The Chairman has confirmed to me that this work is under way and that he will report to me as soon as possible. I am informed by the...

Tax Code. (5 Oct 2005)

Brian Cowen: The Deputy should be aware that the full residency rules were last updated in the Finance Act 1994 when Fianna Fáil and Labour were in Government, following a comprehensive review of the matter by the Revenue Commissioners and the Department of Finance. She knows what the rules are and we have discussed them on a number of occasions. The 183-day rule which contributes to determining...

Tax Code. (5 Oct 2005)

Brian Cowen: I think the Deputy already knows.

Tax Code. (5 Oct 2005)

Brian Cowen: Of course the Deputy is. If I had the information available, I would give it to her. As I have not, I undertake to provide it if possible. She will understand from previous replies that there is no collation system within Revenue which could provide her with that figure immediately. It is another issue when she asks me a question to which she knows I do not have the answer. In terms of the...

Tax Code. (5 Oct 2005)

Brian Cowen: The Chairman of the Revenue Commissioners never indicated to me that a coach and four is being pushed through the non-residency rules. He makes clear that this matter is being monitored carefully by Revenue's own intelligence systems. I told him that this matter had arisen in the Dáil on previous occasions and asked him to forward me a report on the matter as soon as he possible can. I...

Tax Code. (5 Oct 2005)

Brian Cowen: While The European Commission has published a proposal for a directive on car taxes, nothing has been decided at this stage. The Commission proposal has not yet been discussed by all member states although these discussions will commence shortly. In essence, the Commission proposal supports the gradual abolition of registration taxes which it believes impact on the functioning of the Internal...

Tax Code. (5 Oct 2005)

Brian Cowen: I can be reasonable at an early stage in discussions.

Tax Code. (5 Oct 2005)

Brian Cowen: I hate taking the long-term view of looking to the third tenure of this Administration in case it upsets the Deputy opposite. In this regard, I can look to the longer term.

Tax Code. (5 Oct 2005)

Brian Cowen: Is the Deputy involved as well? I did not realise that.

Tax Code. (5 Oct 2005)

Brian Cowen: The point to be made in this regard is that this proposal is at an early stage. The Commission has an idea and, as Deputy Bruton knows from his ministerial experience, many a proposal has been put forward by the Commission on which it was difficult to maintain a consensus when subjected to the white fires of domestic politics in the Council of Ministers. I could take the easy road and suggest...