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Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Financial Transaction Tax: Discussion with Department of Finance (2 Oct 2013)

Aodhán Ó Ríordáin: Is it the intention to analyse that data when they become available?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Financial Transaction Tax: Discussion with Department of Finance (2 Oct 2013)

Aodhán Ó Ríordáin: We are trying to obtain a sense of the validity or otherwise of imposing such a tax and the likely impact on different member states. If we were in possession of that data, perhaps we might arrive at a better judgment in respect of this matter. Will the Department and the Revenue Commissioners be analysing the data on a member state basis to obtain a comparison? If the answer is in the...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Financial Transaction Tax: Discussion with Department of Finance (2 Oct 2013)

Aodhán Ó Ríordáin: It would be useful for the committee to revisit this evolving issue.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Financial Transaction Tax: Discussion with Department of Finance (2 Oct 2013)

Aodhán Ó Ríordáin: I thank Ms McVeigh and her colleagues for their presentation. A financial transaction tax or Tobin tax is something everybody instinctively supports and considers a good idea. However, when one examines the potential ramifications in terms of costs to customers, job losses at the IFSC and so on, it becomes a little more complicated. Is the Department's position essentially that Ireland...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Financial Transaction Tax: Discussion with Department of Finance (2 Oct 2013)

Aodhán Ó Ríordáin: Is Ms McVeigh saying that it is not necessarily the Department's fixed position?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Financial Transaction Tax: Discussion with Department of Finance (2 Oct 2013)

Aodhán Ó Ríordáin: My understanding of the UK position is that it is not simply a case of Government versus Opposition. In fact, both of the main parties are opposed to an FTT on the basis of what might happen in New York as a consequence of its introduction. Would Ms McVeigh agree that there is a range of interdependent issues to consider?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Financial Transaction Tax: Discussion with Department of Finance (2 Oct 2013)

Aodhán Ó Ríordáin: I would like some clarity on what seems to be the evolving opinion or consensus on this issue. The Governor of the Central Bank made a speech some 18 months ago in which he was very critical of the proposal for a financial transaction tax. He placed heavy emphasis in that speech on potential jobs losses and the disproportionate impact on the Irish financial sector. However, when he...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Financial Transaction Tax: Discussion with Department of Finance (2 Oct 2013)

Aodhán Ó Ríordáin: I am interested in the evolution of thinking on this issue and how views can change within the Irish and European contexts. Are the Department and the Central Bank in regular contact on the issue or is it something on which the Department has already made a determination without any expectation that the position is likely to change significantly?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Financial Transaction Tax: Discussion with Department of Finance (2 Oct 2013)

Aodhán Ó Ríordáin: Ms McVeigh spoke earlier about the cost to customers and potential job losses arising out of the introduction of an FTT. Will she expand on that? Can she indicate, for instance, in a worst case scenario, where such a tax were imposed on us - I realise it would not actually happen that way - what level of job losses could we potentially see?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Financial Transaction Tax: Discussion with Department of Finance (2 Oct 2013)

Aodhán Ó Ríordáin: I am sure Ms McVeigh understands that we are concerned here with trying to weigh up the rationale for the introduction of a financial transaction tax. We would like to be able to quantify the number of jobs that could potentially be at risk versus the potential gains. Every move one makes in any budgetary situation has pros and cons. It is a question of weighing them up and making a value...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Financial Transaction Tax: Discussion with Department of Finance (2 Oct 2013)

Aodhán Ó Ríordáin: Is there a variance among the 11 member states in which an FTT is already in operation in terms of the types of institutions covered?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Financial Transaction Tax: Discussion with Department of Finance (2 Oct 2013)

Aodhán Ó Ríordáin: I am asking that question in reference to the 11 countries which have already introduced an FTT. Is there a variance between what is happening in France and Italy, for example?

Written Answers — Department of Education and Skills: Institutes of Technology Issues (2 Oct 2013)

Aodhán Ó Ríordáin: 155. To ask the Minister for Education and Skills if his attention has been drawn to the significant contribution of money that has been paid by the Roman Catholic Church to the Dublin Institute of Technology Foundation for the maintenance of an active church, as distinct from a multi-faith centre, on the new DIT Grangegorman site and if so, if he will detail all of the conditions attached to...

Written Answers — Department of Environment, Community and Local Government: Referendum Expenditure (2 Oct 2013)

Aodhán Ó Ríordáin: 207. To ask the Minister for Environment, Community and Local Government the way temporary staff were hired to work as polling tellers and clerks for the upcoming Seanad and court of appeal referendum; and if he will make a statement on the matter. [41330/13]

Joint Oireachtas Committee on the Implementation of the Good Friday Agreement: PEACE IV Programme: Discussion with Special EU Programmes Body (26 Sep 2013)

Aodhán Ó Ríordáin: I welcome the delegation. I have learned a great deal from the presentation. Mr. Colgan spoke about new approaches and widening the body's remit. I would like to put on record some of my concerns in regard to the long-term goals of what the body is trying to achieve and what we are trying to achieve. One of the biggest threats to the stability of peace in Northern Ireland, the Border...

Written Answers — Department of Agriculture, Food and the Marine: Parking Charges (26 Sep 2013)

Aodhán Ó Ríordáin: 212. To ask the Minister for Agriculture, Food and the Marine if he will confirm that the proposal to introduce paid parking in Howth Harbour has now been withdrawn; and if he will make a statement on the matter. [40195/13]

Joint Oireachtas Committee on Education and Social Protection: Pre-Budget Submissions: Discussion (25 Sep 2013)

Aodhán Ó Ríordáin: I thank the witnesses for their presentations. I apologise as I must leave to attend another committee meeting.

Topical Issue Debate: Teacher Training Provision (24 Sep 2013)

Aodhán Ó Ríordáin: The Minister knows the importance of this issue for so many young people who have decided to make their career in the noble profession of teaching. When I became a primary school teacher 13 years ago, there were not so many people who were willing to take on that career. It was difficult to find people who wanted that career and to give of their time and expertise and involve themselves in...

Topical Issue Debate: Teacher Training Provision (24 Sep 2013)

Aodhán Ó Ríordáin: I thank the Minister for his reply. Perhaps he would expand on it. He said the Department has directed the managerial authorities of schools to recruit unemployed teachers ahead of retired ones. Will the Minister indicate how successful this initiative has been? As stated, this matter could be tackled by means of a cohesive approach across the entire education system. I am sure those who...

Written Answers — Department of Education and Skills: Teacher Training Places (24 Sep 2013)

Aodhán Ó Ríordáin: 240. To ask the Minister for Education and Skills if his attention has been drawn to the difficulties many trainee teachers are undergoing in their attempts to gain probationary teaching hours, which are compulsory part of their training upon completion of their higher diploma; if this matter could be looked into to enable trainee teachers access the mandatory training hours requirement by...

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