Results 27,841-27,860 of 32,583 for speaker:Richard Bruton
- Recapitalisation of Credit Institutions: Statements (18 Dec 2008)
Richard Bruton: There are different views on that matter. One of the most respected commentators in this area, Patrick Honohan, has made it clear that the Government ought to articulate the conditions on which a deal of this sort should be done. He also stated that, rather than what the Minister is doing, we would be better protected if public pronouncements were made in order that everyone might know the...
- Order of Business (18 Dec 2008)
Richard Bruton: They are busy doing it.
- Order of Business (18 Dec 2008)
Richard Bruton: A lone swallow.
- Recapitalisation of Credit Institutions: Statements (18 Dec 2008)
Richard Bruton: With the permission of the House I propose to share time with Deputy O'Donnell.
- Written Answers — Banking Sector Regulation: Banking Sector Regulation (17 Dec 2008)
Richard Bruton: Question 223: To ask the Minister for Finance his views on whether banks should be required to provide people with an annual statement of DIRT deducted in order that they can check their exact tax liability. [47081/08]
- Written Answers — Medical Cards: Medical Cards (17 Dec 2008)
Richard Bruton: Question 262: To ask the Minister for Health and Children the reason medications (details supplied) are no longer on the medical card approved list; and the guidelines which she has issued to the Health Service Executive for deciding whether persons should be given support with these medications on hardship grounds. [47082/08]
- Finance (No. 2) Bill 2008: Report Stage (Resumed) and Final Stage (17 Dec 2008)
Richard Bruton: I have not had the chance to study in great detail this clawback provision but I understand that the representatives of those who made the case to the committee that this was discriminatory, had several meetings with officials in advance. The Minister's officials, or the officials of the relevant Department, have not succeeded in convincing the companies concerned that this represents a...
- Finance (No. 2) Bill 2008: Report Stage (Resumed) and Final Stage (17 Dec 2008)
Richard Bruton: Which section?
- Finance (No. 2) Bill 2008: Report Stage (Resumed) and Final Stage (17 Dec 2008)
Richard Bruton: Those sections appear to deal with new machinery. They do not appear to make reference to unfair competition.
- Finance (No. 2) Bill 2008: Report Stage (Resumed) and Final Stage (17 Dec 2008)
Richard Bruton: The restrictions to which the Minister adverts mean that if greater capacity is created than the original or if the plant is not used within two years, the relief will be restricted. However, there is no way in which these provisions could be interpreted as dealing with a concern that some sites are being ring-fenced as qualifying for this relief while other similar sites are not. I do not...
- Finance (No. 2) Bill 2008: Report Stage (Resumed) and Final Stage (17 Dec 2008)
Richard Bruton: On the issue of competition which Deputy Bruton raised, the allowances available under the scheme are limited to the net cost of the removal and relocation. This means the benefits from the sale of the land where the industrial facilities were previously located will be deducted. The allowance granted will also be adjusted in the case of productivity gains which may occur when a company...
- Finance (No. 2) Bill 2008: Report Stage (Resumed) and Final Stage (17 Dec 2008)
Richard Bruton: The relevant expenses that attract capital allowances include both the removal of the old installation and the set up of its replacement. There are two elements. If one does not have this relief, one does not get relief on either element. The Minister stated that the removal is a necessary additional cost. The logic of what he said is that he would restrict the relief to the removal...
- Finance (No. 2) Bill 2008: Report Stage (Resumed) and Final Stage (17 Dec 2008)
Richard Bruton: I raise the point that if the Minister wasââ
- Finance (No. 2) Bill 2008: Report Stage (Resumed) and Final Stage (17 Dec 2008)
Richard Bruton: I will leave it at one point. If we are seeking to provide some assistance to the cost of moving out of an urban dockland, the relief should be confined to the cost of moving from the urban dockland rather than, as this section seeks, include the cost of the establishment in the new location. If the cost of establishing the new location is grant-aided, an uneven playing pitch is being...
- Finance (No. 2) Bill 2008: Report Stage (Resumed) and Final Stage (17 Dec 2008)
Richard Bruton: I move amendment No. 25: In page 63, line 10, to delete "23 per cent" and substitute "22 per cent". The Minister stated very clearly on Committee Stage that he sought to introduce uniformity in the taxation of certain transactions such as capital acquisitions and capital gains. He seemed to lose his way when it came to the treatment of deposit interest retention tax, DIRT, when he applied a...
- Finance (No. 2) Bill 2008: Report Stage (Resumed) and Final Stage (17 Dec 2008)
Richard Bruton: Interest rates are very low. Does the Minister care to comment on the point of requiring banks to issue a certificate?
- Finance (No. 2) Bill 2008: Report Stage (Resumed) and Final Stage (17 Dec 2008)
Richard Bruton: Yes.
- Finance (No. 2) Bill 2008: Report Stage (Resumed) and Final Stage (17 Dec 2008)
Richard Bruton: I move amendment No. 27: In page 76, to delete lines 6 to 20 and substitute the following: "'Threshold amount' means a baseline of zero spending on research and development as and from the start of the tax year 2009;',". Since we debated this I received comments from the taxation division on the possible costs. This related to research and development going back to a baseline of zero. I am...
- Finance (No. 2) Bill 2008: Report Stage (Resumed) and Final Stage (17 Dec 2008)
Richard Bruton: I move amendment No. 34: In page 116, line 30, to delete "33" and substitute "20". On Committee Stage, we discussed this amendment which concerns the concession on VRT to people in the rent-a-car industry. The concern is that the Minister is moving rapidly to withdraw a concession that was designed to promote low-cost access for tourism. In the past, it was deemed to be an important element...
- Finance (No. 2) Bill 2008: Report Stage (Resumed) and Final Stage (17 Dec 2008)
Richard Bruton: The Minister's note is quite persuasive. Does he feel, however, that a longer period than the one proposed should be given to phase out the scheme?