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Seanad: Order of Business (15 Dec 2016)

Rose Conway Walsh: Gas? We would not have a homeless problem if we had our gas and oil.

Seanad: Order of Business (15 Dec 2016)

Rose Conway Walsh: Down here? It is all the one island.

Seanad: Order of Business (15 Dec 2016)

Rose Conway Walsh: Obviously, there are-----

Seanad: Order of Business (14 Dec 2016)

Rose Conway Walsh: I agree with Senator McDowell. The solution to what he spoke about would have been for the Government and Fianna Fáil to have supported the Rent Certainty Bill that Sinn Féin proposed in June.

Seanad: Order of Business (14 Dec 2016)

Rose Conway Walsh: Trying to shut the door after the horse has bolted is difficult, but I agree that cramming this in at the last minute without scrutiny is not the right way to do business and it certainly is not new politics. Of course, our Bill was a Sinn Féin Bill and we could not have that - new politics would not provide for it. Today I will speak to the review of the concessionary charges and rules...

Seanad: Order of Business (14 Dec 2016)

Rose Conway Walsh: -----bringing about an annual saving of €15.85 million. If the Senator does not believe me, he can check it out. Withdrawing services and reducing the size of buses prevents children from using school transport and is a short-sighted move that feeds into the economic and social inclusion of, in particular, the working poor. Those families work long hours on low wages are already...

Seanad: Finance Bill 2016: Report and Final Stages (14 Dec 2016)

Rose Conway Walsh: I have said all I want to say about the Bill in the previous debates. It is short-sighted. It is very obvious thousands of home owners are in the situation outlined by Senator O'Donnell with regard to vulture funds. The Central Bank has done absolutely nothing regarding the packages of non-performing loans being sold off to these vulture funds, which are completely unregulated and can...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Scrutiny of EU Legislative Proposals (Resumed). (13 Dec 2016)

Rose Conway Walsh: I thank the two witnesses for their presentations. The Minister has not been able to answer a question and I wonder if Mr. Coffey has a view on it. Is the knowledge development box, as operated in this State, compatible with the proposed CCCTB, and would it be included as part of the tax base for the purpose of a common tax base?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Scrutiny of EU Legislative Proposals (Resumed). (13 Dec 2016)

Rose Conway Walsh: It would be non-compatible.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Scrutiny of EU Legislative Proposals (Resumed). (13 Dec 2016)

Rose Conway Walsh: The issue of the 25% non-trading rate and the 33% rate is very important. It is nice to hear the witnesses from the Irish Tax Institute argue for the retention of the higher bands for once. If I understood Mr. Coffey correctly, the combined effect of abolishing those two rates would mean €425 million less to the Exchequer. Is that correct?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Scrutiny of EU Legislative Proposals (Resumed). (13 Dec 2016)

Rose Conway Walsh: Is that based on all companies opting into the CCCTB or just those for which it is mandatory?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Scrutiny of EU Legislative Proposals (Resumed). (13 Dec 2016)

Rose Conway Walsh: Unlike the 2011 proposal, the Commission is focusing politically at this time on the role of the CCCTB on combating tax avoidance, from what we have heard today, we would be abolishing the higher rates and letting very large companies shift to a narrower tax base. Does Mr. Coffey think the Commission is trying to hijack the genuine and justified public anger at corporate tax avoidance to...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Scrutiny of EU Legislative Proposals (Resumed). (13 Dec 2016)

Rose Conway Walsh: Is there not a fundamental issue here in that only acting at the EU level will not work as long as there are countries outside the EU that will still happily facilitate avoidance? How would the witnesses suggest that we progress that issue? For instance, Oxfam suggested creating a global tax body to lead and co-ordinate international tax co-operation that includes all countries on an equal...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Scrutiny of EU Legislative Proposals (Resumed). (13 Dec 2016)

Rose Conway Walsh: Mr. Coffey and the Tax Institute specifically mentioned the issue of court jurisdiction. We know we must have a referendum on the EU patent court, and my party has received legal advice to the effect that the TTIP agreement would require a referendum as TTIP sets up its own court above and beyond our courts. On this basis, is the Tax Institute saying it believes there may be a...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Scrutiny of EU Legislative Proposals (Resumed). (13 Dec 2016)

Rose Conway Walsh: More broadly, as we know the committee's scrutiny remit is technical but we must decide solely whether the proposal breaches the principle of subsidiarity rather than on politics. Do any of the witnesses have a view as to whether legally the EU should be doing this based on the principle of subsidiarity?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Scrutiny of EU Legislative Proposals (Resumed). (13 Dec 2016)

Rose Conway Walsh: Does it interfere with the principle of subsidiarity in the decisions being made at a local level?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Scrutiny of EU Legislative Proposals (Resumed). (13 Dec 2016)

Rose Conway Walsh: Could I ask Mr. Coffey-----

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Central Bank (Variable Rate Mortgages) Bill 2016: Central Bank of Ireland (8 Dec 2016)

Rose Conway Walsh: The Central Bank representatives are citing that Ireland is riskier than any other country. Is there a point in future when the Central Bank envisages Ireland will be less risky? Has the risk been consistent since 2008? We are supposed to have full employment now and GDP of 27%. Do these factors not suggest that the environment is less risky and that this should be reflected somehow in...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Central Bank (Variable Rate Mortgages) Bill 2016: Central Bank of Ireland (8 Dec 2016)

Rose Conway Walsh: The concern I have is that so much emphasis is placed on switching and the ability to switch. However, the main cohort of people that I am concerned about are those who have been paying at the higher rate. They have endured financial stress as a result. They are then in a situation whereby they have arrears or their loans have been restructured. Can the Central Bank representatives tell...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Central Bank (Variable Rate Mortgages) Bill 2016: Central Bank of Ireland (8 Dec 2016)

Rose Conway Walsh: They are not necessarily on a lower rate once it has been restructured.

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