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Written Answers — Department of Finance: Tax Yield (9 Oct 2013)

Pearse Doherty: 67. To ask the Minister for Finance the levels of receipts for DIRT for each month since 2007. [42658/13]

Written Answers — Department of Finance: Revenue Commissioners Operations (9 Oct 2013)

Pearse Doherty: 69. To ask the Minister for Finance the number of advanced opinions the Revenue Commissioners have offered to companies regarding their tax affairs; the number of these companies that are multinationals; the format used to give these opinions; and how often they are given. [42755/13]

Written Answers — Department of Finance: Non-Resident Companies (9 Oct 2013)

Pearse Doherty: 70. To ask the Minister for Finance if all Irish registered non-resident companies have to provide a country of residence; the penalty for failing to provide a country of residence; and the number of companies that have failed to declare a country of residence. [42764/13]

Written Answers — Department of Finance: Non-Resident Companies (9 Oct 2013)

Pearse Doherty: 71. To ask the Minister for Finance if any Irish registered non-resident company that fails to provide a country of residence, will be deemed to be resident here. [42765/13]

Written Answers — Department of Finance: Non-Resident Companies (9 Oct 2013)

Pearse Doherty: 72. To ask the Minister for Finance the number of companies that are Irish registered non-resident companies and the numbers by each country of residence. [42766/13]

Written Answers — Department of Education and Skills: Stádas Scoile Faoi Mhíbhuntáiste (9 Oct 2013)

Pearse Doherty: 83. To ask the Minister for Education and Skills an ndéanfaidh sé cinnte de go mbronnann an Roinn Oideachais agus Scileanna stádas DEIS, atá ag bunscoileanna sa cheantar céanna, ar Phobalscoil Ghaoth Dobhair gan a thuilleadh moille, sa dóigh is go mbeidh rogha ag mic léinn Ghaeltachta dara leibhéal ó Rann na Feirste freastal ar Phobalscoil na...

Written Answers — Department of Social Protection: Social Welfare Appeals Status (9 Oct 2013)

Pearse Doherty: 126. To ask the Minister for Social Protection when a decision will issue on an appeal the habitual entitled in respect of a person (details supplied) in County Donegal. [42629/13]

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Macroeconomic Forecasting: Discussion with Department of Finance (8 Oct 2013)

Pearse Doherty: Is it a wee bit hopeful of a positive adjustment?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Macroeconomic Forecasting: Discussion with Department of Finance (8 Oct 2013)

Pearse Doherty: The other question was on the pharmacy sector. How did the Department not see the extent of the patent cliff?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Macroeconomic Forecasting: Discussion with Department of Finance (8 Oct 2013)

Pearse Doherty: I thank Mr. McCarthy.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Macroeconomic Forecasting: Discussion with Department of Finance (8 Oct 2013)

Pearse Doherty: I have three questions which I will put quickly. The pharmaceutical sector amounts to 25% of our exports and the slide presentation shows that exports have reduced by 4%. This is one of the reasons the Department has downgraded the economic forecast for this year. We all knew that the patent cliff was happening. How did the Department underestimate the size of the patent cliff? I refer...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Macroeconomic Forecasting: Discussion with Department of Finance (8 Oct 2013)

Pearse Doherty: I am not referring to the amount of consolidation. I am talking about-----

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Macroeconomic Forecasting: Discussion with Department of Finance (8 Oct 2013)

Pearse Doherty: I will tease that out a little bit in another direction. Instead of having a set amount less of consolidation, if we had a set amount of additional investment, would there be the same multipliers? Mr. McCarthy spoke of 0.4% or 0.5% as a multiplier. Is the Department not using 0.6% as a multiplier? What would be the figure then? Mr. McCarthy provided hypothetical figures in the last...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Macroeconomic Forecasting: Discussion with Department of Finance (8 Oct 2013)

Pearse Doherty: I am not talking about an increase in investment but an injection, or stimulus.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Macroeconomic Forecasting: Discussion with Department of Finance (8 Oct 2013)

Pearse Doherty: Let us tease that out in terms of a €1 billion investment in the construction industry. It could be for primary health care centres, schools moving from prefabs, whatever works might be construction based and labour intensive. Has any modelling been done on that within the Department?.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Macroeconomic Forecasting: Discussion with Department of Finance (8 Oct 2013)

Pearse Doherty: What are we looking at - is it 0.8%, 0.9% or 1%?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Macroeconomic Forecasting: Discussion with Department of Finance (8 Oct 2013)

Pearse Doherty: I refer again to the modelling. The Department has to do this without knowing what the Government will announce on budget day and must take it from a static policy position that will not be changed by policy. The Government has indicated, for example, the use of the NPPR as an investment tool. Has the Department modelled the use of the €6.4 billion in the discretionary portfolio as...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Macroeconomic Forecasting: Discussion with Department of Finance (8 Oct 2013)

Pearse Doherty: Let us go to forecasting. I appreciate the scrutiny work the Department is doing where forecasters have to second guess how the economy will be the following year. It can be disappointing, however, and must be so. Two years ago we, namely, the Government, the Department or the State, forecasted a 3% growth rate for this year. Today, with the consensus arising from the new information of...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Macroeconomic Forecasting: Discussion with Department of Finance (8 Oct 2013)

Pearse Doherty: I am looking back. We are nearly at the end of the year. If Mr. McCarthy can clarify this I will finish. The best estimate from Mr. McCarthy's section of the Department and the other section was what we were going to hit 7.4% in terms of percentage of GDP deficit. Today, however, Mr. McCarthy informs us that GDP growth, based on 1.3% growth, will more than likely be zero. Based on that...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Macroeconomic Forecasting: Discussion with Department of Finance (8 Oct 2013)

Pearse Doherty: Is that the target of 7.5%?

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