Results 26,701-26,720 of 35,894 for speaker:Pearse Doherty

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2014: Committee Stage (Resumed) (19 Nov 2014)

Pearse Doherty: What of the surcharge?

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2014: Committee Stage (Resumed) (19 Nov 2014)

Pearse Doherty: The surcharge is the large one.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2014: Committee Stage (Resumed) (19 Nov 2014)

Pearse Doherty: My opposition to this section has been noted over Second and Committee Stages. It is terrible what the Government is doing, particularly given Revenue's involvement in the non-principal private residence, NPPR, charge and the lack of flexibility shown to people who genuinely did not know. That said and to move this discussion along, how many individuals is it estimated could avail of this...

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2014: Committee Stage (Resumed) (19 Nov 2014)

Pearse Doherty: Revenue is collecting it. The second home tax was-----

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2014: Committee Stage (Resumed) (19 Nov 2014)

Pearse Doherty: My apologies. Regarding the quantum of individuals whom the Department believes may apply under this section, are we discussing single digits, double digits or treble digits? What is the estimate? We are doing a bit of crystal ball gazing.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2014: Committee Stage (Resumed) (19 Nov 2014)

Pearse Doherty: I am opposed to this section, and I raised the following point on Second Stage. In section 79 the new subsection (2A)(a) to be inserted refers to someone who comes forward and says he or she has been involved in a tax avoidance transaction, and as a result of doing that before 30 June 2015, the surcharge under existing legislation would not apply and the interest that person would have to...

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2014: Committee Stage (Resumed) (19 Nov 2014)

Pearse Doherty: The point is that the Revenue Commissioners do not have to take proceedings against them at all. The person comes to them and owns up. What is due now is 100% interest and 100% surcharge, but the Minister is saying today that the 100% surcharge is gone and 20% of the interest due is also gone for people involved in deliberate tax avoidance measures. That is not the way to deal with this....

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2014: Committee Stage (Resumed) (19 Nov 2014)

Pearse Doherty: I did not say they were involved in illegal activity or evading tax. I said they were involved in deliberate tax avoidance transactions. Tax avoidance transactions may be legal but they can also be illegal. This will apply only where the Revenue Commissioners believe under section 811 that a surcharge applies. Therefore, it was putting money beyond the reach of the Revenue Commissioners...

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2014: Committee Stage (Resumed) (19 Nov 2014)

Pearse Doherty: There were 12 in the last year for which we have figures. The section allows the Revenue Commissioners, in circumstances where they believe somebody is liable for the domicile levy, to write to that individual and give him or her 30 days in which to make a full and true return, with the payment of the levy. Presumably, it is included because Revenue believes there may be a list of people...

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2014: Committee Stage (Resumed) (19 Nov 2014)

Pearse Doherty: Can the Minister put on record the number of people who are paying the domicile levy at this point?

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2014: Committee Stage (Resumed) (19 Nov 2014)

Pearse Doherty: Given that the amendment allows for the Office of the Revenue Commissioners to write to those whom they believe are subject to the levy, how many letters does the Minister expect the office to issue after this section is enacted?

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2014: Committee Stage (Resumed) (19 Nov 2014)

Pearse Doherty: The Minister is digging for the Boston Tea Party.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2014: Committee Stage (Resumed) (19 Nov 2014)

Pearse Doherty: I appreciate what the Minister is saying. I suggest that even if there is not a review, at least the Minister could put the State's position on record with the Commissioner.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2014: Committee Stage (Resumed) (19 Nov 2014)

Pearse Doherty: The most important person to hear me is the Minister.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2014: Committee Stage (Resumed) (19 Nov 2014)

Pearse Doherty: What?

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2014: Committee Stage (Resumed) (19 Nov 2014)

Pearse Doherty: We will do so.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2014: Committee Stage (Resumed) (19 Nov 2014)

Pearse Doherty: I move amendment No. 72: In page 81, between lines 27 and 28, to insert the following:"(c) the Principal Act is amended by inserting a new paragraph 6 to Schedule 1, Part 1:"6. The supply of services and goods to non-profit making organisations for the production of events or monuments designed to commemorate the centenary of the 1916 Easter Rising.".".This relates to a VAT exemption for the...

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2014: Committee Stage (Resumed) (19 Nov 2014)

Pearse Doherty: The point is that if a local group in Gaoth Dobhair, down in Limerick or anywhere else wants to come together and do something for the centenary of 1916, it will pay VAT on products it must acquire, although it would be a not-for-profit group. I suggest that there must be a way to get around this, given the significance of the event. In the Minister's absence, we dealt with the living city...

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2014: Committee Stage (Resumed) (19 Nov 2014)

Pearse Doherty: It is an interesting debate to open and I am sure the Chairman will not allow us pursue it.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance Bill 2014: Committee Stage (Resumed) (19 Nov 2014)

Pearse Doherty: The Minister used an unfortunate argument. The only reason we cannot do this is that Europe will not allow us to do so. Many men and women fought in 1916 to have a republic on the island of Ireland. I agree with the Minister that tax sovereignty is a cornerstone of that. However, Europe will not allow us in commemorating those people to have those commemorations exempt from VAT.