Results 24,201-24,220 of 33,392 for speaker:Paschal Donohoe

Written Answers — Department of Finance: Central Bank of Ireland (22 Jun 2017)

Paschal Donohoe: The Central Bank has a very wide and varied mandate as dictated by the statute of the European System of Central Banks, by the Supervisory EU Legal Acts and by the Central Bank Acts. The Bank does not have a promotional mandate, as a key component of a successful and attractive jurisdiction for the location of financial services activities is a strong and independent regulator with...

Written Answers — Department of Finance: Central Bank of Ireland (22 Jun 2017)

Paschal Donohoe: I am informed by the Central Bank that the total development cost of the new Central Bank building and moving staff to the Dockland Campus will be circa €140m (inclusive of VAT), in line with the budgeted figure. This figure includes all costs incurred on the project including site purchase, construction, furniture and fit out, IT, Security, Design Team, etc. I am also...

Written Answers — Department of Public Expenditure and Reform: Departmental Contracts Data (22 Jun 2017)

Paschal Donohoe: In response to the Deputy’s question, the following table outlines the information sought in respect of bodies under the aegis of the Department: Organisation Monetary Value Public Appointments Service €157,823 * Institute of Public Administration €30,305 (to the end of 2016) Office of Public Works €3,918 * The Public Appointments...

Written Answers — Department of Finance: Banking Sector (21 Jun 2017)

Paschal Donohoe: I should stress at the outset that the Irish Government has no formal role in the commercial decisions of the banks as to their future business model and whether or not they will close particular branches. While I regret the closure of any bank branches, the Deputy will no doubt appreciate that the provision of services by banks, including the location of branches, is a commercial...

Written Answers — Department of Finance: Insurance Compensation Awards (21 Jun 2017)

Paschal Donohoe: The Cost of Insurance Working Group considered measures which could be taken to tackle insurance fraud in Ireland and recommended the setting up of a fully functioning insurance fraud database for industry to detect patterns of fraud.  A dedicated Working Group has been set up in the Department of Justice and Equality to implement this recommendation.  I understand that this Group...

Written Answers — Department of Finance: Help-To-Buy Scheme (21 Jun 2017)

Paschal Donohoe: The Deputy may be aware that it is a condition of the Help to Buy (HTB) Scheme that the contractor from whom an applicant under the scheme is purchasing their home must be approved by Revenue.  Subject to such approval, Revenue will be in a position to progress the application from the persons concerned.

Written Answers — Department of Finance: Tax Reliefs Availability (21 Jun 2017)

Paschal Donohoe: Relief from the payment of Vehicle Registration Tax (VRT) is provided for under the Finance Act 1992, s.134(1)(a) and Vehicle Registration Tax (Permanent Reliefs) Regulations 1993, Reg 4, (S.I. No. 59/93). In order to qualify for relief an applicant must meet a number of eligibility criteria including the possession and actual use of the vehicle outside the State for at least six months prior...

Written Answers — Department of Finance: Departmental Contracts Data (21 Jun 2017)

Paschal Donohoe: My Department is currently gathering the information for the Deputy and, once completed, will be sent to the Deputy directly.

Written Answers — Department of Finance: Corporation Tax (21 Jun 2017)

Paschal Donohoe: Notwithstanding the appeal in the Apple State Aid case, the Government is committed to complying with the binding legal obligation the Commission’s Final Decision places on Ireland to ensure that Apple are deprived of the benefit of the alleged aid. These sums will be placed into an escrow fund with the proceeds being released only when there has been a final determination in the...

Written Answers — Department of Public Expenditure and Reform: Departmental Contracts Data (21 Jun 2017)

Paschal Donohoe: In response to the Deputy’s question, the following tables outline the amount spent in the areas in question by my Department and the bodies under its aegis over the past three years. Department of Public Expenditure and Reform The costs incurred over the period were for training undertaken by staff in the Press Offices. Year Company Amount 2017 Public Relations Institute of...

Written Answers — Department of Finance: Customs and Excise Controls (20 Jun 2017)

Paschal Donohoe: I propose to take Questions Nos. 203 and 204 together. The Government’s position in relation to the border with Northern Ireland in the context of Brexit is very clear and has been articulated by the Taoiseach on several occasions.  Continued freedom of movement, absence of a “hard” border, and protection of the Good Friday Agreement are key objectives for the...

Written Answers — Department of Finance: Brexit Issues (20 Jun 2017)

Paschal Donohoe: I am advised by Revenue that the details of intergroup transfers of assets are not separately identified on the relevant tax returns. The Deputy may also be interested to note that, in the majority of situations, tax on capital gains realised by corporate entities is reported with and paid as part of their Corporation Tax liability. As such, there is no reliable basis upon which to...

Written Answers — Department of Finance: Brexit Issues (20 Jun 2017)

Paschal Donohoe: I am advised by Revenue that there is ongoing engagement with the business community through meetings with business/trade representative groups, attendance at various Brexit events throughout the country and at meetings of the Customs Consultative Committee (CCC), representing the logistics, import and export sectors. Up to the present, the engagement has been for the purpose of listening to...

Written Answers — Department of Finance: European Investment Bank Loans (20 Jun 2017)

Paschal Donohoe: From the outset, I should make absolutely clear that Ireland does not have, nor has sought, a precautionary lending plan from any international body.  The Deputy may be referring to references to a possible precautionary line of credit through the European Stability Mechanism (ESM) at the time of our exit from the EU-IMF Programme of Assistance at the end of 2013. Again,...

Written Answers — Department of Finance: Company Liquidations (20 Jun 2017)

Paschal Donohoe: The Liquidator for Setanta has informed me that there are currently 320 claims ready for settlement and listed for inclusion in the next application for payment from the ICF which will shortly be reviewed by the State Claims Agency.  These include both personal injury and damage claims, and associated legal costs where applicable. The range of values is as follows: Claim Range No. of...

Written Answers — Department of Finance: State Banking Sector (20 Jun 2017)

Paschal Donohoe: I propose to take Questions Nos. 209 and 210 together. In July 2011, the State purchased 13,123m units of ordinary shares as part of Bank of Ireland’s rights issue. Each unit of stock cost 10 cent and the total cost to the State of this investment was €1,312m. At the time of participating in the rights issue, it was always the intention to on-sell a substantial portion of this...

Written Answers — Department of Finance: Tax Reliefs Application (20 Jun 2017)

Paschal Donohoe: I am advised by Revenue that the application for relief referred to was first refused, by letter dated 19 May 2016, as the company was deemed not to be a qualifying new venture, as required under section 493(1)(d) of the Taxes Consolidation Act 1997. The trade existed as a sole trader prior to being incorporated as a company.  This position was again notified to the company by letter...

Written Answers — Department of Finance: Trade Relations (20 Jun 2017)

Paschal Donohoe: I have been advised by the Department of Jobs, Enterprise and Innovation that Enterprise Ireland has organised several trade delegations to Iran in 2016 and 2017, as well as facilitating Enterprise Ireland client companies to explore the potential of the Iranian market. Enterprise Ireland will take these activities further next month (July) with a seminar on doing business in...

Written Answers — Department of Finance: Disabled Drivers Grant Eligibility (20 Jun 2017)

Paschal Donohoe: The Disabled Drivers and Disabled Passengers (Tax Concessions) Scheme provides relief from VAT and VRT, up to a certain limit, on the purchase of an adapted car for transport of a person with specific severe and permanent physical disabilities, payment of a fuel grant, and an exemption from Motor Tax. To qualify for the Scheme an applicant must be in possession of a Primary Medical...

Written Answers — Department of Finance: Insurance Levy (20 Jun 2017)

Paschal Donohoe: The failure of Setanta Insurance and the uncertainty that followed over the compensation arrangements for claimants created doubts around the current insurance compensation framework which has now been clarified by the Supreme Court.  However, there has been a general view that consideration should be given to ensuring 100% third party payments in any future motor...