Results 21,121-21,140 of 27,945 for speaker:Michael McGrath

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: General Scheme of European Stability Mechanism (Amendment) Bill 2014: Discussion (24 Sep 2014)

Michael McGrath: In a retroactive one, is it case by case?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: General Scheme of European Stability Mechanism (Amendment) Bill 2014: Discussion (24 Sep 2014)

Michael McGrath: I welcome the officials and thank them for the presentation. I will try to bring this back home and tease out the potential implications for Ireland. I know there are some transitional arrangements relating to the possibility of direct recapitalisation, but will the witnesses talk us through that? For example, if the ongoing stress tests by the European Central Bank reveal capital...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: General Scheme of European Stability Mechanism (Amendment) Bill 2014: Discussion (24 Sep 2014)

Michael McGrath: There are transitional measures up to 2016 with regard to the cascading issue.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: General Scheme of European Stability Mechanism (Amendment) Bill 2014: Discussion (24 Sep 2014)

Michael McGrath: How much will potentially be in the pot for direct recapitalisation?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: General Scheme of European Stability Mechanism (Amendment) Bill 2014: Discussion (24 Sep 2014)

Michael McGrath: That is not being leveraged to raise more money. It is the quantum of money that is potentially available for direct recapitalisation.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: General Scheme of European Stability Mechanism (Amendment) Bill 2014: Discussion (24 Sep 2014)

Michael McGrath: The €60 billion is not for a set period. If part of it is used, would the fund be replenished to the €60 billion level?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: General Scheme of European Stability Mechanism (Amendment) Bill 2014: Discussion (24 Sep 2014)

Michael McGrath: What happens when that is gone?

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Double Taxation Agreements: Minister of State at the Department of Finance (24 Sep 2014)

Michael McGrath: I join the Chairman in congratulating the Minister of State and wishing him well in his new role. The matter before us is fairly straightforward but I would like to ask a couple of questions nonetheless. The Minister of State referred to the fact that there are a number of key jurisdictions with which we do not have DTAs. Will he provide examples of countries with which we do a significant...

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Double Taxation Agreements: Minister of State at the Department of Finance (24 Sep 2014)

Michael McGrath: What do the three protocols before the select sub-committee involve and why are they necessary?

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Double Taxation Agreements: Minister of State at the Department of Finance (24 Sep 2014)

Michael McGrath: So the purpose of the protocols is to update the three agreements.

Written Answers — Department of Finance: Insurance Industry (24 Sep 2014)

Michael McGrath: 60. To ask the Minister for Finance the role MIBI will play in compensating claimants due awards under Setanta policies; and if he will make a statement on the matter. [35976/14]

Written Answers — Department of Finance: VAT Exemptions (24 Sep 2014)

Michael McGrath: 61. To ask the Minister for Finance if the exemption of water services from VAT based on a derogation from EU law contained in Article 371 of the EU VAT directive is permanent or subject to ongoing review; and if he will make a statement on the matter. [35977/14]

Written Answers — Department of Education and Skills: Schools Establishment (24 Sep 2014)

Michael McGrath: 169. To ask the Minister for Education and Skills the current position regarding the planned development of an education campus in Carrigaline, County Cork; the work that has been completed and is currently under way; when a planning application is expected; when she anticipates the schools will be open; and if she will make a statement on the matter. [36041/14]

Topical Issues: Corporation Tax Regime (23 Sep 2014)

Michael McGrath: I am glad the Minister for Finance is in the Chamber to deal with the issue of the OECD base erosion and profit shifting deliverables report 2014. I feel it is important to raise the issue in the Dáil at an early date. I am sure the Minister will agree that it is critical to provide certainty on Ireland's corporation tax regime. All of the main political parties in this House...

Topical Issues: Corporation Tax Regime (23 Sep 2014)

Michael McGrath: All of us accept that change is coming to the international corporation tax environment. The question for Ireland is whether we anticipate those changes by seeking first mover advantage, if there is an advantage to moving first, or wait to see how other countries respond and move in step with them. I am concerned that, if Ireland moves unilaterally on the double Irish issue, the focus will...

Order of Business (23 Sep 2014)

Michael McGrath: On a number of occasions before the recess, we discussed the situation relating to the sale of loan books to unregulated third parties Bill and the Minister committed to bringing it forward earlier than 2015. It is listed for this session but does the Minister know specifically when it will be published? I know his Department had a public consultation exercise, which has concluded, but the...

Written Answers — Department of Finance: Property Taxation Yield (23 Sep 2014)

Michael McGrath: 165. To ask the Minister for Finance the amount of revenue expected to be received in 2014 in respect of the local property tax; the anticipated revenue in 2015. [35633/14]

Written Answers — Department of Finance: Government Bonds (23 Sep 2014)

Michael McGrath: 166. To ask the Minister for Finance the value of Government bonds held by the Central Bank of Ireland in respect of the arrangement entered into to replace the promissory notes; if he will provide details of the disposal to date of any of these bonds; if he will specify the minimum disposal schedule agreed with the ECB; if he will indicate if there have been any changes to this agreed...

Written Answers — Department of Finance: Ireland Strategic Investment Fund Investments (23 Sep 2014)

Michael McGrath: 167. To ask the Minister for Finance if it is possible to invest in social housing through the Ireland Strategic Investment Fund. [35637/14]

Written Answers — Department of Environment, Community and Local Government: Tenant Purchase Scheme Administration (23 Sep 2014)

Michael McGrath: 518. To ask the Minister for Environment, Community and Local Government when a new tenant purchase scheme will become operational; the way the discount on the market value of the property will be calculated; and if he will make a statement on the matter. [35835/14]