Results 4,781-4,800 of 5,104 for speaker:Mairéad Farrell

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2020: Committee Stage (Resumed) (18 Nov 2020)

Mairéad Farrell: Gabhaim buíochas leis an Aire. I thank him for that. We are again looking at a timing issue more than anything else. For that reason, I will withdraw the amendment with a view to speaking on the issue on Report Stage. Put simply, my concern is that profit-switching could take place and that certain companies would be able to move profits to jurisdictions which are not on this...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2020: Committee Stage (Resumed) (18 Nov 2020)

Mairéad Farrell: I will comment on amendment No. 165. This is basically to introduce a general anti-avoidance provision whereby a surcharge of 30% is applicable to Irish company revenue when it is established that Irish companies are using intra-group arrangements to significantly reduce their liabilities through money that is being loaned out or channelled back to Luxembourg and other such countries as part...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2020: Committee Stage (Resumed) (18 Nov 2020)

Mairéad Farrell: This is definitely an area that needs to be examined by the Department. For example, we know that one group has companies based in Luxembourg which are used for intra-group financial transactions. These companies had no employees in 2018, produced €123 million in profits in a recent financial year and paid very little tax. One of the advantages of using Luxembourg for intra-group...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2020: Committee Stage (Resumed) (18 Nov 2020)

Mairéad Farrell: I move amendment No. 165: In page 66, between lines 2 and 3, to insert the following: “Report on introduction of measures to combat aggressive tax avoidance 55.The Minister shall, within six months of the passing of this Act, prepare and lay before Dáil Éireann a report on the introduction of measures to combat aggressive tax avoidance, such as a tax surcharge of 30 per...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2020: Committee Stage (Resumed) (18 Nov 2020)

Mairéad Farrell: On section 57, I will be interested to hear the Minister's clarifications, but it is my understanding that the Bill seeks to limit the unnecessary duplication of reporting transactions across the EU by allowing for an intermediary to make use of a filing exemption, where they have evidence that a filing has been made by an intermediary in another member state. I am curious about this. We...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2020: Committee Stage (Resumed) (18 Nov 2020)

Mairéad Farrell: It was my understanding that there are differences but I will take the Minister's word on it, and I will look at the issue in greater detail myself later on.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2020: Committee Stage (Resumed) (18 Nov 2020)

Mairéad Farrell: I move amendment No. 162: In page 66, between lines 2 and 3, to insert the following: “Report on abolition of Local Property Tax 55. The Minister shall, within one month of the passing of this Act, prepare and lay before Dáil Éireann a report on options for the abolition of the Local Property Tax.”.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2020: Committee Stage (Resumed) (18 Nov 2020)

Mairéad Farrell: I move amendment No. 164: In page 66, between lines 2 and 3, to insert the following: “Report on introduction of measures to combat hoarding of land 55. The Minister shall, within six months of the passing of this Act, prepare and lay before Dáil Éireann a report on the introduction of measures to combat the hoarding of land needed for development, examining the options...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2020: Committee Stage (Resumed) (18 Nov 2020)

Mairéad Farrell: I welcome that commitment. That is good news. We cannot overstate the impact of land hoarding. I will not name any sites but anybody who lives in Galway city or who has been to the city knows exactly what I am talking about. I thank the Minister and I welcome that.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2020: Committee Stage (Resumed) (18 Nov 2020)

Mairéad Farrell: No. I welcome what the Minister has said. I really hope that will lead to development on this. I have been raising the topic for a long time because of a particular issue in Galway.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2020: Committee Stage (Resumed) (18 Nov 2020)

Mairéad Farrell: I move amendment No. 166: In page 66, between lines 2 and 3, to insert the following: “Report on introduction of a progressive Wealth Tax 55.The Minister shall, within six months of the passing of this Act, prepare and lay before Dáil Éireann a report on options available for the introduction of a comprehensive and progressive wealth tax. The report shall include options...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2020: Committee Stage (Resumed) (18 Nov 2020)

Mairéad Farrell: I disagree with the Minister on this. It will be interesting if we have a report to see whether a wealth tax is overstated as he said. I disagree and it would be interesting to see that report. I will press the amendment.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2020: Committee Stage (Resumed) (18 Nov 2020)

Mairéad Farrell: Could the Minister tease this section out a little? I would like to know how the warehousing would happen. I might have follow-up questions.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2020: Committee Stage (Resumed) (18 Nov 2020)

Mairéad Farrell: I want to add my voice to that. Deputy Doherty outlined the position very well. It is an issue of compassion. I would imagine it is an issue on which we can find common ground. I am sure we all know people, including family members, with dentures. I just cannot imagine the discomfort of ill-fitting dentures. We can all agree that a little compassion could be shown and that we could find...

Ceisteanna Eile - Other Questions: Flood Prevention Measures (17 Nov 2020)

Mairéad Farrell: I am aware that the Minister of State visited Clifden at the time and took in how difficult it was for the people there. Some 17 houses were flooded and six roads were blocked, so what happened had a significant impact on the people of Clifden. We have heard from previous speakers about the worry and concern families have about flooding. It can have a great impact in terms of insurance and...

Ceisteanna Eile - Other Questions: Flood Prevention Measures (17 Nov 2020)

Mairéad Farrell: I appreciate that, and I appreciate that the Minister of State has outlined how horrendous it was to see. What he outlined was the reality that faced the people of Clifden at that time. As he said, it came and left out of nowhere. It was a massively shocking incident for the people of the area. I appreciate that the OPW will ensure it will work as closely as possible with Galway County...

Ceisteanna Eile - Other Questions: Flood Prevention Measures (17 Nov 2020)

Mairéad Farrell: Sure.

Ceisteanna Eile - Other Questions: Flood Prevention Measures (17 Nov 2020)

Mairéad Farrell: 100. To ask the Minister for Public Expenditure and Reform his plans for a flood defence program in Clifden, County Galway; and if he will make a statement on the matter. [36714/20]

Ceisteanna Eile - Other Questions: Flood Prevention Measures (17 Nov 2020)

Mairéad Farrell: 102. To ask the Minister for Public Expenditure and Reform if the OPW plans to install river gauges on the Owenglin River, County Galway in locations in which none currently exist. [36716/20]

Ceisteanna Eile - Other Questions: Flood Prevention Measures (17 Nov 2020)

Mairéad Farrell: 115. To ask the Minister for Public Expenditure and Reform when the trial for the new simulation system for advance warnings will be put in place on the Owenglin River, County Galway. [36715/20]