Results 21,441-21,460 of 26,081 for speaker:Kieran O'Donnell
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Financial Transaction Tax: Discussion with Department of Finance (2 Oct 2013)
Kieran O'Donnell: I welcome Ms McVeigh and her colleagues. I have a couple of points. What is the possibility that this will never come to pass? Given all the deliberations that take place in Europe, the fact that within the 11 countries there does not appear to be agreement, the various legal challenges and the fact that the discussions are still ongoing, what are the chances this may not come to pass?...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Financial Transaction Tax: Discussion with Department of Finance (2 Oct 2013)
Kieran O'Donnell: What was the last country?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Financial Transaction Tax: Discussion with Department of Finance (2 Oct 2013)
Kieran O'Donnell: Will Ms McVeigh deal with France and Italy first?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Financial Transaction Tax: Discussion with Department of Finance (2 Oct 2013)
Kieran O'Donnell: What was the rate in France?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Financial Transaction Tax: Discussion with Department of Finance (2 Oct 2013)
Kieran O'Donnell: Of the other 11 countries involved, how many have a high concentration of financial services industries, as we do or as England does?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Financial Transaction Tax: Discussion with Department of Finance (2 Oct 2013)
Kieran O'Donnell: It has a very significant bearing on us in particular. Let us go back to an earlier point. Ms McVeigh referred to the financial sector making a contribution towards the cost of the crisis. This financial transaction tax is on the actual transactions, not the banks or financial houses. They will pass it on to the customer.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Financial Transaction Tax: Discussion with Department of Finance (2 Oct 2013)
Kieran O'Donnell: The point I am trying to make is that what we are trying to get all the time is probity, prudence and so forth in how the financial and banking sector operates. If there is a resolution mechanism in place then the institutions, if they are operating outside the constraints or normal practices, will know that a charge is going to be imposed on them. One could make the point that they will...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Financial Transaction Tax: Discussion with Department of Finance (2 Oct 2013)
Kieran O'Donnell: It does not state that.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Financial Transaction Tax: Discussion with Department of Finance (2 Oct 2013)
Kieran O'Donnell: It does not apply to individuals, but let us suppose a financial transaction tax is introduced in the morning and that an individual buys shares or something else. Will that individual end up paying the financial transaction tax?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Financial Transaction Tax: Discussion with Department of Finance (2 Oct 2013)
Kieran O'Donnell: That is like saying that if I buy a car as an individual that I am not paying vehicle registration tax, because it does not apply to me, but the car still attracts the VRT.
- Public Accounts Committee: Annual Report and Financial Statements 2012: Discussion with National Asset Management Agency (26 Sep 2013)
Kieran O'Donnell: In terms of the IBRC and the valuation of the loans, what is NAMA’s involvement in the valuations at which the loans are being taken over? What is NAMA’s general view on that? NAMA has €4.1 billion in cash at the moment. What does it intend to do with it? I would also like an indication in terms of the SME sector. The availability of office accommodation arises in...
- Public Accounts Committee: Annual Report and Financial Statements 2012: Discussion with National Asset Management Agency (26 Sep 2013)
Kieran O'Donnell: Mr. Daly will appreciate this is only business.
- Public Accounts Committee: Annual Report and Financial Statements 2012: Discussion with National Asset Management Agency (26 Sep 2013)
Kieran O'Donnell: I am not saying that but Mr. Daly must appreciate that we have to ask the questions.
- Public Accounts Committee: Annual Report and Financial Statements 2012: Discussion with National Asset Management Agency (26 Sep 2013)
Kieran O'Donnell: That is good.
- Public Accounts Committee: Annual Report and Financial Statements 2012: Discussion with National Asset Management Agency (26 Sep 2013)
Kieran O'Donnell: That is great.
- Public Accounts Committee: Annual Report and Financial Statements 2012: Discussion with National Asset Management Agency (26 Sep 2013)
Kieran O'Donnell: When did it commence operations?
- Public Accounts Committee: Annual Report and Financial Statements 2012: Discussion with National Asset Management Agency (26 Sep 2013)
Kieran O'Donnell: When did it reach the point where its balance sheet was complete in the context of transfers?
- Public Accounts Committee: Annual Report and Financial Statements 2012: Discussion with National Asset Management Agency (26 Sep 2013)
Kieran O'Donnell: Will Mr. McDonagh indicate the difference in the percentage relating to performing loans between the time NAMA commenced operations and now? That is the first figure I would like to establish because, as with any business, I would like to carry out a comparative analysis. Obviously, this is the taxpayer's business.
- Public Accounts Committee: Annual Report and Financial Statements 2012: Discussion with National Asset Management Agency (26 Sep 2013)
Kieran O'Donnell: Okay.
- Public Accounts Committee: Annual Report and Financial Statements 2012: Discussion with National Asset Management Agency (26 Sep 2013)
Kieran O'Donnell: What is NAMA's current cash balance?