Results 2,121-2,140 of 36,036 for speaker:Pearse Doherty

Ceisteanna ó Cheannairí - Leaders' Questions (15 May 2024)

Pearse Doherty: Hear, hear.

Ceisteanna ó Cheannairí - Leaders' Questions (15 May 2024)

Pearse Doherty: Hear, hear.

Written Answers — Department of Children, Equality, Disability, Integration and Youth: Mental Health Services (15 May 2024)

Pearse Doherty: 138. To ask the Minister for Health further to Parliamentary Question No.1542 of 9 April 2024, when a full HSE reply will be issued; and if he will make a statement on the matter. [22050/24]

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Revenue Commissioners: Discussion (15 May 2024)

Pearse Doherty: I welcome Mr. Cody and the officials from Revenue. I was at another meeting, so the witnesses may have already answered some of the questions I am going to ask. If they have, they can skip over the relevant questions and I will look at the transcript for what I missed. I have quite a number of questions. I will try to get through them as quickly as possible. I also have a couple of...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Revenue Commissioners: Discussion (15 May 2024)

Pearse Doherty: Is it entirely written off or can some of it come back via bankruptcy?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Revenue Commissioners: Discussion (15 May 2024)

Pearse Doherty: It will be a small amount compared with what it was at first. I presume a risk analysis was carried out in the early days. You were looking at these type of numbers and you would be in a good position, given the pandemic and all the rest.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Revenue Commissioners: Discussion (15 May 2024)

Pearse Doherty: Tighten your belt and hope for the best.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Revenue Commissioners: Discussion (15 May 2024)

Pearse Doherty: I appreciate that. Different interest rates are applied by Revenue. For income tax, capital gains and corporation tax, the rate is 8%. It is 10% for employers' tax and VAT. Has Revenue done any recent analysis on how those rates correspond with other advanced EU countries? In the North, for example, rates are not static. They change relative to the Bank of England's base rates. What...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Revenue Commissioners: Discussion (15 May 2024)

Pearse Doherty: It gives an insight into real-time behaviours of businesses when they get that flexibility.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Revenue Commissioners: Discussion (15 May 2024)

Pearse Doherty: Not everybody went for it. Not everyone went for the 0%, as Mr. Cody said. Some are paying up. If we look at Irish real estate fund, IREFs, the assets they hold have increased dramatically. In 2022, assets held by IREFs stood at €28.1 billion. It was less than one third of that in 2018. It is a 14% increase on the previous year but a 209% increase on 2019. There has been an...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Revenue Commissioners: Discussion (15 May 2024)

Pearse Doherty: When does Mr. Cody think that will be completed?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Revenue Commissioners: Discussion (15 May 2024)

Pearse Doherty: This has been going on for a couple of years. I have been raising it with the Minister. I am glad he has finally asked for a formal review. The Revenue Commissioners looks at this all the time. We are not talking about small companies. Earlier, we were talking about SMEs which have tax warehoused. Some warehoused tax is just a couple of hundred euro. We are not talking about that - we...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Revenue Commissioners: Discussion (15 May 2024)

Pearse Doherty: We know all about that. That is where we brought in the dividend withholding tax.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Revenue Commissioners: Discussion (15 May 2024)

Pearse Doherty: It is our job to ensure that does not happen. Whatever about the funds industry and the vehicles it uses to have no tax liability, when we are talking about IREFs we are talking about property in this State in respect of which we have the primary taxing right. It should never have been the case that they escaped tax. By introducing the dividend withholding tax, we have started to tax them,...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Revenue Commissioners: Discussion (15 May 2024)

Pearse Doherty: Can Mr. Cody share the report with the committee when he has shared it with the Department?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Revenue Commissioners: Discussion (15 May 2024)

Pearse Doherty: Of course.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Revenue Commissioners: Discussion (15 May 2024)

Pearse Doherty: The amount of data being provided to us is brilliant. We could always do with more to keep us up late at night.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Revenue Commissioners: Discussion (15 May 2024)

Pearse Doherty: I am sure Mr. Cody opens the purse strings and all the rest. I saw a video on TikTok in the past couple of days on how to get money out of a company. Any company director will know about the problem of having money locked in a company that is going well. Under Irish tax law, somebody earning €18,000 does not pay income tax and they may pay USC. The point was made that, instead of...