Results 3,741-3,760 of 5,104 for speaker:Mairéad Farrell

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2021: Committee Stage (Resumed) (17 Nov 2021)

Mairéad Farrell: I thank the Minister.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2021: Committee Stage (Resumed) (17 Nov 2021)

Mairéad Farrell: I would like to hear the Minister's views on this section, which deals with measures for controlled foreign companies and which is very welcome. These are key measures to prevent base erosion and profit shifting. I am interested in the Minister's views on the list of non-cooperative jurisdictions. Is he concerned that there could be a little flux regarding that? Given how easy it can be...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2021: Committee Stage (Resumed) (17 Nov 2021)

Mairéad Farrell: I understand the point that the Minister is making. I think this a good section, but that is not the point. My point is to ask if there is any concern in relation to the list. I totally understand that countries have fears of being put on this list and that they would raise the impact that would have. I wonder specifically about the Minister’s own views. He said himself the list...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2021: Committee Stage (Resumed) (17 Nov 2021)

Mairéad Farrell: It was about profit participating notes issued before 2016 and if instruments such as perpetual bonds, which have no maturity date and are not redeemable but pay a steady stream of interest forever, would meet the criteria of the exemption.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2021: Committee Stage (Resumed) (17 Nov 2021)

Mairéad Farrell: I am looking at the explanatory memorandum. It says interest tax deductions only apply to connected parties. What are the criteria for a connected party? Will the Minister expand on that, if possible?

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2021: Committee Stage (Resumed) (17 Nov 2021)

Mairéad Farrell: I move amendment No. 70: In page 92, after line 39, to insert the following: "Report on the Two-Pillar Solution agreed by the OECD/G20 Inclusive Framework 37. The Minister shall, within six months of the passing of this Act, prepare and lay before Dáil Éireann a report on the two-pillar solution agreed by the OECD/G20 Inclusive Framework to address the tax challenges arising...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2021: Committee Stage (Resumed) (17 Nov 2021)

Mairéad Farrell: Will the Minister clarify how this threshold will operate in practice? Will there be guidelines issued by Revenue? I would like him to come in briefly on that.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2021: Committee Stage (Resumed) (17 Nov 2021)

Mairéad Farrell: Yes.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2021: Committee Stage (Resumed) (17 Nov 2021)

Mairéad Farrell: That is before I was born.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2021: Committee Stage (Resumed) (17 Nov 2021)

Mairéad Farrell: Okay. I thank the Minister.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2021: Committee Stage (Resumed) (17 Nov 2021)

Mairéad Farrell: It was not because Deputy Nash was not here.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2021: Committee Stage (Resumed) (17 Nov 2021)

Mairéad Farrell: When we are discussing these things, it is important to look at the real-life daily impact it has on our communities. Just across from the estate I live in a build-to-rent apartment block is going up. We had street meetings organised by residents to discuss the proposals for what is going to be put in place. I must tell the Minister people in my estate were devastated when they heard it...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2021: Committee Stage (Resumed) (17 Nov 2021)

Mairéad Farrell: Will we then continue until 10 p.m.?

Ceisteanna - Questions - Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Departmental Policies (16 Nov 2021)

Mairéad Farrell: 64. To ask the Minister for Public Expenditure and Reform the issues the Open Government Partnership will be addressing with him; and if he will make a statement on the matter. [56104/21]

Ceisteanna - Questions - Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Departmental Policies (16 Nov 2021)

Mairéad Farrell: Regarding the Open Government Partnership, OGP, I ask the Minister to advise us concerning the issues it will be addressing with him and if he can give us some more detail in that regard.

Ceisteanna - Questions - Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Departmental Policies (16 Nov 2021)

Mairéad Farrell: I welcome the Minister’s response. Many people would agree that there have been major concerns regarding transparency and accountability. I do not need to rehash those concerns because I think we have debated regularly in this Chamber. It is welcome that there will be an open government round table multi-stakeholder forum and that the Minister of State, Deputy Ossian Smyth, will be...

Ceisteanna - Questions - Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Departmental Policies (16 Nov 2021)

Mairéad Farrell: I will also be introducing legislation on protected disclosures. It will be intended to strengthen the legislation in this area, because it does need to be strengthened. Turning to freedom of information provisions, I have been clear that the current regime needs to be strengthened and that is why I have brought forward legislation and submitted amendments in that regard. The same goes for...

Ceisteanna - Questions - Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Public Procurement Contracts (16 Nov 2021)

Mairéad Farrell: 62. To ask the Minister for Public Expenditure and Reform the progress to date of the interim procurement reform board under the remit of his Department; and if he will make a statement on the matter. [56103/21]

Ceisteanna - Questions - Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Public Procurement Contracts (16 Nov 2021)

Mairéad Farrell: What is the progress to date of the interim procurement reform board under the remit of the Minister of State's Department?

Ceisteanna - Questions - Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Public Procurement Contracts (16 Nov 2021)

Mairéad Farrell: The national children's hospital was initially estimated to cost €650 million but the latest estimate stands at €2.4 billion, an increase of approximately 270%. The national broadband plan, initially estimated to cost €350 million, is now estimated to cost €5.7 billion, an increase of 1,530%. Behind schedule and over cost are hallmarks of procurement failure and...