Results 41-60 of 15,814 for speaker:Eoin Ó Broin

Select Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Finance Bill 2025: Committee Stage (5 Nov 2025)

Eoin Ó Broin: I thank the Chair. I am sorry for the intrusion into her committee but I am obviously keenly interested in cost rental and the LDA. I have been following the debate upstairs. Let me refer to one of the things that strikes me as strange about the corporation tax exemption. My view is that the LDA should never have been paying corporation tax. It made no sense. AHBs and local...

Select Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Finance Bill 2025: Committee Stage (5 Nov 2025)

Eoin Ó Broin: Therefore, the recommendation in the report of his officials, which is a soft one, is not something he would support.

Select Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Finance Bill 2025: Committee Stage (5 Nov 2025)

Eoin Ó Broin: However, is it the Minister’s intention, or part of it, to make it more financially attractive for private sector investors to be involved in cost rental, because it would create a larger margin than currently exists, for example under the LDA business model?

Select Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Finance Bill 2025: Committee Stage (5 Nov 2025)

Eoin Ó Broin: I have a quick supplementary question. Going back to the challenge within the cost-rental sector, an increasing number of people – particularly those between the second and third income deciles, who are above the eligibility threshold for social housing and for whom cost rental is key – are being denied access because they fail the affordability test requiring rent to be over a...

Select Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Finance Bill 2025: Committee Stage (5 Nov 2025)

Eoin Ó Broin: I am happy to come back at 7 p.m.

Select Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Finance Bill 2025: Committee Stage (5 Nov 2025)

Eoin Ó Broin: I thank the Minister for that. I have three additional questions. Will the Minister explain how he understands this to be a measure to address the viability challenge? The viability challenge is the gap between the price the market is willing to pay for something and the all-in cost of development, including the margin for whoever is producing the unit. The issue of the charging of...

Select Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Finance Bill 2025: Committee Stage (5 Nov 2025)

Eoin Ó Broin: Just to pick up on the conversation the Minister was having earlier with my colleague, Deputy Doherty, before I came in, there was a discussion on an eventual cost to the Exchequer of €20 million and there was talk about 18,000 units. If we go back to the average cost from last year or the year before that – although it may be slightly out of date – the corporation tax...

Select Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Finance Bill 2025: Committee Stage (5 Nov 2025)

Eoin Ó Broin: My last question-----

Select Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Finance Bill 2025: Committee Stage (5 Nov 2025)

Eoin Ó Broin: The last point is that one of the things I do not understand – again, the Minister might have a very credible explanation – is that obviously there is a proportion of LDA units that are already tenanted. Those tenants – or the LDA – are going to continue to pay corporation tax. What was the reason the Minister could not apply the exemption from the date of the...

Select Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Finance Bill 2025: Committee Stage (5 Nov 2025)

Eoin Ó Broin: I presume the LDA would have made the case to the Minister that, accepting, as it would have done, that it was not a rent reduction measure, it would have benefited from the waiving of corporation tax on its existing tenancies and that additional capital it would have had would have assisted it in addressing potential future viability challenges. Was that discussed or considered at any stage?

Select Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Finance Bill 2025: Committee Stage (5 Nov 2025)

Eoin Ó Broin: That gain is only on future cost-rental properties, not existing cost-rental tenancies.

Select Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Finance Bill 2025: Committee Stage (5 Nov 2025)

Eoin Ó Broin: I am sorry, but I am a bit confused. What gain is the Minister talking about in this instance? There is no gain. The LDA will continue to pay the tax on the existing tenancies.

Select Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Finance Bill 2025: Committee Stage (5 Nov 2025)

Eoin Ó Broin: Exactly, so there is no gain from the existing tenancies; it is only from the future tenancies.

Select Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Finance Bill 2025: Committee Stage (5 Nov 2025)

Eoin Ó Broin: Okay.

Select Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Finance Bill 2025: Committee Stage (5 Nov 2025)

Eoin Ó Broin: Just to be clear, it is obviously a cost to the LDA, as is its commercial return, but it is not a cost in terms of how the construction sector or the housing committee understands that viability challenge. When the LDA is either going to build or acquire something through Project Tosaigh - and we have spent so much time talking about the viability gap - there is no corporation tax or...

Written Answers — Department of Foreign Affairs and Trade: United Nations (5 Nov 2025)

Eoin Ó Broin: 53. To ask the Minister for Foreign Affairs and Trade the engagement Ireland had at the United Nations in advance of the Security Council vote on the so-called ‘autonomy plan’ for Western Sahara, which would de jure formalise Morocco’s occupation; if his officials directly engage with Security Council members on this resolution; and if he will make a statement on the...

Written Answers — Department of Foreign Affairs and Trade: Diplomatic Representation (5 Nov 2025)

Eoin Ó Broin: 54. To ask the Minister for Foreign Affairs and Trade whether the Irish embassy in Morocco has recently engaged with Moroccan officials regarding the continued occupation of Western Sahara; the actions Irish diplomatic officials have taken to engage with the Sahrawi people directly, both within occupied Western Sahara and in Tindouf, Algeria; and if he will make a statement on the matter....

Written Answers — Department of Defence: Defence Forces (5 Nov 2025)

Eoin Ó Broin: 70. To ask the Taoiseach and Minister for Defence the rationale for the decision to withdraw Defence Forces personnel from the MINURSO UN peacekeeping mission; whether there are any plans for Ireland to participate in that mission in the future; and if he will make a statement on the matter. [60369/25]